The concise statement used to explain entries in the gene...
The concise statement used to explain entries in the general journal is known as
Narration
Summary
Information
Commentary
Correct answer is A
No explanation has been provided for this answer.
Given: Net profit b/d.....................N10,000 Interest on capital:...M...........N2,000 ......
The price paid for the purchase of a business is ...
Which of the following expenses relates to the profit and loss account of a manufacturing firm? ...
Subscription in advance is treated in the Balance sheet of non-profit making organizations as ...
Given: Subscriptions received.........N200,000 Subscriptions owed.............N10,000 Subscript...
A payment of N150 to a credit ...
In the not-for-profit-making organization, the excess of income over expenditure is? ...
The following information were extracted from the books of Miliki state Sinking ...
A typical example of a real account is? ...
\(\begin{array}{c|c} & Le \\ \hline \\ \text{Fines} & 20,000\\ \text{Market rates} & 120...