Expenses incurred but not yet paid is
...Expenses incurred but not yet paid is
Contigent liability
Current liability
Current asset
Fixed asset
Capital expenditure
Correct answer is B
No explanation has been provided for this answer.
The trading account is to a sole trader what income and expenditure account is to a? ...
In the head office ledger, the value of goods sent to the branch are____________ ...
Adamu Stores bought accessories from Mu'azu Beverages for N400 on credit. A trade discount of 10...
Which of the following is a fictitious asset? ...
When goods are sold for cash the credit entry goes to the ...
Which of the following is the basis of accounting in public service? ...
Manufacturing account is prepared to ascertain ...
\(\begin{array}{c|c} & 1/7/10 & 30/6/11 \\ & D & D \\ \hline \text{Stock} & 1,46...