The accounting year of Fehintola Ltd. ends on 31st Decemb...
The accounting year of Fehintola Ltd. ends on 31st December every year. Pant and Machinery purchased on 1st January, Year 1 N600,000
Depreciation rate per anuum, 10%
Scrap value, N60,000.
Using reducing balance method, what is the net book value on 31st December of Yr. 2?
N551,400
N546,00
N540,000
N486,000
N440,000
Correct answer is D
No explanation has been provided for this answer.
Which of the following should be included in the adjusted cash book? ...
The double entry for increasing provision for bad debt is debit ...
In a public corporation, the capital expenditure incurred in a financial period is? ...
The value of the sales ledger control account is derived from the summation of the ...
Accountant-general of the federation is responsible for ...
Use the following information to answer the given question: SALES LEDGER CONTROL ACCOUNT \(\begin...
Cost of goods sold is calculated as................... ...
The expenses incurred in promoting a company are? ...
Use the following information to answer the given question \(\begin{array}{c|c} \text{Motor veh...