In converting a partnership into a limited liability comp...
In converting a partnership into a limited liability company, the necessary accounts to be opened in the books of the company are
Business purchase account and ordinary share capital account
Business purchase account, vendor account and ordinary share capital account
Business purchase account and vendor account
Ordinary share capital account, vendor account and unpaid share capital account
Correct answer is B
No explanation has been provided for this answer.
The amount set aside out of profit for a specific purpose is ...
Use the following information to answer the given question: SALES LEDGER CONTROL ACCOUNT \(\begi...
The unsubscribed share capital is ...
A list of balance extracted from the ledger is known as ...
The instrument isued by the Minister who authorized an officer to incure expenditure is a/an ...