The assumption that a business has perpetual existence is...
The assumption that a business has perpetual existence is recognized by
Entity concept
Periodicity concept
Going-concern concept
Realisation concept
Correct answer is C
No explanation has been provided for this answer.
In a departmental account, where no basis of apportionment exist, apportionment is ...
An advantage of the use of the voucher system is that it? ...
The total of the sales journal is posted to the ...
A credit purchase of N200 from Osae was posted to the account of Osei. This is an error of ...
Which of the following is not a purpose for preparing departmental accounts? To ...
In dealing with incomplete record, fixed assets are posted to___________ ...