The account which refers to the tangible assets of a comp...
The account which refers to the tangible assets of a company that is of permanent nature is the
Personal account
Real account
Nominal account
Cash account
Correct answer is B
Real account is an account dealing with the material assets of a business, such as its property.
The excess of current assets over current liabilities is ...
\(\begin{array}{c|c} & \text{1st Jan.} & \text{31st Dec.} \\ & ₦ & ₦ \\ creditor...
Jejelaye Plc stock records for 2009 was given below: Jan 1 received 100 units at N1.00 Jan 8 rec...
\(\begin{array}{c|c} & Dr & Dr & \text{Balance}\\ \hline & ₦ & ₦ & ₦ \...
Impersonal real accounts include: i. expenditure on telephone ii. motor vehicles iii....
The main objective of accounting report is to provide information about? ...
Calls in advance are treated in the balance sheet as______ ...