In the absence of partnership agreement, profits and loss...
In the absence of partnership agreement, profits and losses are shared
In the ratio of capitals
Equally
In the ratio of drawings
According to services rendered
Correct answer is B
No explanation has been provided for this answer.
Determine the bank balance ...
Given: Balance as per cash book...................N20,000 Unpresented cheques......................
The net profit or loss for the year is determined in profit and loss account after ...
An unfavourable balance of trade for a country means that her? ...
Deferred charges are also known as ...
Which of these accounts is dissolution expenses credited? ...
BALANCE SHEET AS AT 31st DECEMBER, 2010 \(\begin{array}{c|c} & ₦ & & ₦ \\ \hline \te...