Current asset
Current liability
Capital
Profit
Correct answer is B
No explanation has been provided for this answer.
Appropriation account
Balance sheet
Income and expenditure account
Receipts and payment account
Correct answer is C
No explanation has been provided for this answer.
Credited to the income and expenditure account and shown as a liability in the balance sheet
Debited to the income and expenditure account and shown as an asset in the balance sheet
Credited to the income and expenditure account and shown as a liability in the balance sheet
Debited to the income and expenditure account and shown as a liability in the balance sheet
Correct answer is B
No explanation has been provided for this answer.
N85,000
N80,000
N70,000
N65,000
Correct answer is D
No explanation has been provided for this answer.
The factory cost of producing goods is made up of
Prime cost and factory overhead
Prime cost and office overhead
Raw materials consumed and fixed cost
Raw materials and administrative overhead
Correct answer is A
No explanation has been provided for this answer.