A book that contains the account for the financial transa...
A book that contains the account for the financial transactions of an organizations is the
Journal
Ledger
Folio
Register
Correct answer is B
No explanation has been provided for this answer.
The principle of double entry bookkeeping states that ...
The purchase of ten ceiling fans by Akpan Electronic Enterprises will be recorded as ...
Given: ..............Rich Social Club........... Cash.........................N100,000 Loan ........
Using the reducing balance method, the depreciation charged for year 2002 was Use the following i...
\(\begin{array}{c|c} & N \\ \hline \text{Debtors (1/1/98)} & 2,000 \\ \text{Debtors (31/12/9...
The double entry for interest on drawings by a partner is: debit ...
Given: Balance at 31st December ............N14,744m Treasury Bills issued Jan-Dec........N7124m ...
In a partnership business, the net profit serves as opening figure for ...