Jide and Haruna contribute N12000 each as capital and sha...
Jide and Haruna contribute N12000 each as capital and share profit equally. Jide draws N1500 and Haruna N1700 half-yearly. The profit for the year is N10000. Jide receives a salary of N2000.
The balances of current accounts of Jide and Haruna are respectively?
N6000 and N5000
N3000 and N3400
N4000 and N4000
N3000 and N600
Correct answer is D
No explanation has been provided for this answer.
A quality of accounting information is that it should be ...
The current assets less current liabilities is ...
The main classes of shares are ...
To compute gearing ratio, divide? ...
Use the following information to answer the given question \(\begin{array}{c|c} & Dr & Dr &...
In which of the following books will trade discount be recorded? ...