An excess of the value of the assets over the purchases c...
An excess of the value of the assets over the purchases consideration for acquisition of business is credited to
General reserve
Capital reserve
Goodwill
Current asset
Share capital
Correct answer is B
No explanation has been provided for this answer.
The capital contribution by the partners is treated in the? ...
i. cash at bank ii. cash in hand iii. premises iv. land ...
A statement of affairs shows ...
The process of bookkeeping includes records produced from? ...
A major factor that enhanced the early development of accounting is the? ...
Erroneous rearrangement of financial figures such as writing N624 as N264 is called ...