Record sales
Agree the trial balance
Record purchases
Prepare the balance sheet
Correct answer is B
No explanation has been provided for this answer.
Subscriptions in arrears is treated in the balance sheet of a club as
Current liability
Intangible assets
Fictitious asset
Current asset
Correct answer is D
No explanation has been provided for this answer.
"Accountants do not count chickens before they are climbed". This is the concept of
Accrual
Materiality
Realisation
Going-concern
Correct answer is C
No explanation has been provided for this answer.
The total amount of money set aside for a particular purpose by government is
Fund
Vote
Virement
Budget
Correct answer is A
No explanation has been provided for this answer.
Use the following information to answer the given question
N35,500
N25,000
N21,000
N20,000
Correct answer is A
No explanation has been provided for this answer.