The effect of the payment of liability is that it
...The effect of the payment of liability is that it
Increase both assets and liabilities
Increase assets and decrease liabilities
Decrease assets and increase liabilities
Decrease both assets and liabilities
Correct answer is D
No explanation has been provided for this answer.
Ordinary shareholders received dividend before? ...
Stock valuation is useful because it forms the sales department on the? ...
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
The value of the sales ledger control account is derived from the summation of ...
The entry in the partnership books of accounts for interest on drawings is to? ...
Use the information to answer the given question. \(\begin{array}{c|c} & D\\ \hline \text{O...
\(\begin{array}{c|c} & ₦\\ \hline \text{Opening debtors} & 40,000\\ \text{Opening creditor...
Directors' remuneration are recorded in the book as ...
Cash discount is given for ...
Given: Opening cash balance N20,000 Sales of match tickets N15,000 Clearing of pitch N1,200 Refr...