Turnover.........................N120,000
Net prof...
Use the information below to answer question
Turnover.........................N120,000
Net profit before tax.........N40,000
Net profit b/f.....................N68,000
Proposed dividends:
Ordinary shares..................N8,000
Preference shares..............N6,000
Corporate tax is 30%........N10,000
The undistributed profit carried forward is?
N68,000
N20,000
N74,000
N34,000
Correct answer is A
No explanation has been provided for this answer.
The balance the provision for depreciation account is shown in the ...
Which of the following does not form part of shareholders fund? ...
Ata, Bubu and Chikum were in partnership sharing profits and losses in proportion to their capi...
Entries in the purchase journal are transferred to the ............. ...
A suspense account is used to ...
A sales journal is used to record ...
Jejelaye Plc stock records for 2009 was given below: Jan 1 received 100 units at N1.00 Jan 8 rec...
Use the following information to answer the given question \(\begin{array}{c|c} & DR & CR...
Given: Returns inwards............N1500 cash.......................N1550 Discount...................