An expense becomes an accrual because it
...An expense becomes an accrual because it
Is due for payment
Is a Profit and Loss Account item
Is a Trading Account item
Is to be paid within the next one year
Must appear in the balance sheet
Correct answer is A
No explanation has been provided for this answer.
One of the items on the credit column of a trial balance is ...
Given: Capital:..G...........N5000 ..........T...........N8000 Drawings: G...........N2000 ......
Use the following information to answer the question \(\begin{array}{c|c} & Ade & Bola\\ &a...
Which of the following is not an input device? ...
Provision for depreciation on office furniture is charged to ...
An allowance given to a customer by a supplier for prompt payment is ...