The trading account is to a sole trader what income and e...
The trading account is to a sole trader what income and expenditure account is to a?
Partnership
Public limited organization
Manufacturing organization
Non-profit making organization
Correct answer is D
No explanation has been provided for this answer.
April 11:Sold goods for cash N50,000 April 20: Bought goods for cash N30,000 April 26: Bough...
The final stage of accounting process is ...
Which of the following belongs to the Nominal Ledger? ...
A business should not lay claim to any profit before it is earned. This is in accordance w...
In a period of inflation, which of the following method normally gives a closing closing stock? ...
The fixed amount of money given to a petty cashier at the beginning of a period is called? ...
Which of the following is found in a receipts and payments account? ...
One of the characteristics of useful accounting information is------ ...
The income and expenditure account of a club is the same as ...