\(\begin{array}{c|c} & Halima & Ibinabo \\ & ...
HalimaIbinaboNNCapital accounts 1st Jan, 1992100,00050,000Current accounts 1st Jan, 199220,00040,000Drawing during the year10,00015,000Annual salaries14,00012,000
Interest on capital is 10%. The net profit for the year is N60,000. The interest on Halima's capital is
N10,000
N6,000
N4,0000
N2,000
N1,000
Correct answer is A
No explanation has been provided for this answer.
The objective of departmentalization is to ...
Which of the following is found in a Sales Ledger Account? ...
Which of the following would be posted to the proprietor's capital account? ...
Which of the following is not part of factory overhead? ...
Zahki Plc balance sheet (extract) as at 31st December 1997. ...
The founders of a company are? ...
The 5% discount shown above indicates ...