When a new partner is admitted to a partnership, there is...
When a new partner is admitted to a partnership, there is a need to revalue the?
Capital of the business
Capital and liabilities of the business
Assets and capital of the business
Assets and liabilities of the business
Correct answer is D
No explanation has been provided for this answer.
Errors in the ledger can be corrected through ...
Goodwill may be brought into the books when ...
Which of the following bases of accounting does not make allowance for depreciation? ...
A partnership deed is used to____________ ...
The source of funds available to a local government/district assembly includes ...
Which of the following is the basis of accounting in public service? ...
Which of the following is not a characteristic of trial balance? ...
Given: Fixtures-#30,000 Debtors-#7,000 Stock- #8,000 Creditors-#3,000 Goodwill-#10,000 Deter...