(i) Facilitating the preparation of final accounts
...
(i) Facilitating the preparation of final accounts
(ii) Making the existence of error easy to detect
(iii)Checking the accuracy of positions periodically.
From the above, which of the following are among the uses of control accounts?
i, ii and iii
i and iii
ii and iii
i and ii
Correct answer is C
No explanation has been provided for this answer.
An effective accounting system should provide information ...
Use the following information to answer the given question: \(\begin{array}{c|c} & N \\ \hl...
The source of funds available to a local government/district assembly includes ...
The double entry for refund of unsuccessful application monies is debit ...
Goodwill can be in the balance sheet as? ...
Given: Assets and Liabilities of a Local Government Bank balance #6,484,000 Cash # 900,000 Gen...
Opening stock---------2,300 Purchases-------------11,874 Sales--------------------18,600 Closing ...
What is the cardinal rule of the double entry system? ...
Given: I. Cash refunds II. Debit note issued III. Dishonored cheque IV...