Which of the following statements is no correct?
...Which of the following statements is no correct?
profits increase capital
losses reduce capital
drawings reduce capital
drawings increase capital
Correct answer is D
No explanation has been provided for this answer.
Use the following to answer the given question \(\begin{array}{c|c} & N \\ \hline \text{Sto...
Purchases of goods from Obi had been entered in Obike's Account. This is an error of ...
An item is fictitious because it ...
Use the information to answer the given question \(\begin{array}{c|c} Dr & & & &...
Which of the following condition would attract credit and debit notes to be used? ...