N500,000
N50,000
N200
N20
Correct answer is D
No explanation has been provided for this answer.
N1,000,000
N500,000
N50,000
N25,000
Correct answer is D
No explanation has been provided for this answer.
Borne by all the partners
Borne by the insolvent partner
Written off
Borne by the solvent partners
Correct answer is A
No explanation has been provided for this answer.
Accumulated fund on 1st January 1993 is
N8,570
N8,470
N850
N7,520
Correct answer is D
No explanation has been provided for this answer.
An income and expenditure account is a summary of
All income and expenditure during a period
Revenue income and expenditure during a period
Receipts and payments during a period
The trading income a period
Correct answer is B
No explanation has been provided for this answer.