Where partnership is converted into a limited liability c...
Where partnership is converted into a limited liability company, current account balances of partners are transferred to a
Realization account
Savings account
Share capital account
Capital account
Correct answer is A
No explanation has been provided for this answer.
.........................31 Dec. 05........31 Dec. 06 Total fixed assets.........N7 800.............
The correct entries to record goods transferred to branch from head office is to debit? ...
When an asset is sold, the entries for the accumulated depreciation are; debit ...
Which of the following is not part of cost of production? ...
Goods sent to branch are recorded in the head office's books at i. selling price ii. cost price ...
Using the following information to answer the given question \(\begin{array}{c|c} Post & Gr...
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS ...