Investment at cost of a company is to be disclosed under<...
Investment at cost of a company is to be disclosed under
Trading accounts
Profit and loss account
Balance sheet
Source and application of fund
Correct answer is C
A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity. The balance sheet is one of the three (income statement and statement of cash flows being the other two) core financial statements used to evaluate a business.
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\(\begin{array}{c|c} & & ₦ \\ \hline \text{capital accounts:} & Ojo & 40,000 \\ &a...
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