N4,000
N3,200
N3,000
N2,800
Correct answer is B
No explanation has been provided for this answer.
To be paid to creditors
Set out of profit for future use
For paying dividends
Recovered from debts earlier written off
Correct answer is B
No explanation has been provided for this answer.
Which of the following is used in locating errors in the ledger?
Trading account
Trial balance
Control account
Journal proper
Correct answer is C
No explanation has been provided for this answer.
Which of the following items is not shown in the Trial Balance
closing stock value
opening stock balance
opening debtors balance
closing asset value
Correct answer is A
No explanation has been provided for this answer.
The capital of not-for profit making organization is
Capital reserve fund
Accumulated fund
Endowment fund
Development fund
Correct answer is B
No explanation has been provided for this answer.