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.
N Net profit -------------------------17,460 Capital account: Taiwo--------50,000 &...
Cost of goods sold is calculated as................... ...
₦ Manufacturing wages 42,000 ...
A debit entry in a fixed asset account represents ...
The total of the returns outwards journal is posted to the ...
Given: Depreciation of plant and machinery Factory rent Indirect w...
D Motor vehicle 500000 Stock 35000 ...
Which of the following errors are errors of commission? I. A cheque paid to Adam debited to Adam...