Recurrent expenditure of government is paid from
Contingencies fund
Reserve fund
Development fund
Consolidated fund
Correct answer is D
No explanation has been provided for this answer.
N1,000
N960
N933
N820
Correct answer is B
No explanation has been provided for this answer.
Form of trading account
Proof of arithmetical accuracy of postings
Statement showing profits at a certain date
Statement showing assets and liabilities at a cretain date
Correct answer is D
No explanation has been provided for this answer.
Which of the following entries is made damaged goods are returned to the supplier?
Supplier's account is debited and the purchasers account credited
Returns outwards account is debited and the supplier's account credited
Purchaser's Account is debited and the supplier's account credited
Supplier's account is debited and the returns Outwards Account credited
Correct answer is D
No explanation has been provided for this answer.
Narration of all transactions and accounts
Debit balances of the accounts
List of all balances extracted from the ledger
List of all credit balances in the ledger
Correct answer is C
No explanation has been provided for this answer.