Which of the following is a not revealed by a firm's ...
Which of the following is a not revealed by a firm's accounting records?
Profit of a period
Quality of labour force
Credit worthiness
Value of assets
Correct answer is B
Accounting records include records of assets and liabilities, monetary transactions, ledgers, journals and any supporting documents such as checks and invoices. The firm quality of labour force isnt included in an acounting record.
\(\begin{array}{c|c} Capital & Le \\ \hline Aye & 20,000\\ Bee & 30,000\\ Drawings &...
A disadvantage of single entry system of book-keeping is that ...
Where there is provision for depreciation, fixed asset is shown in the balance sheet at i. c...
The financial position of an organization at a particular time can be ascertained from the ...
An evidence of payment issued to a government ministry by a revenue collector is ...
Which of the following ratios gives an idea of the liquidity of a firm? ...
A quality of accounting information is that it should be ...
Based on the FIFO method of valuation the total cost of the raw materials issued is ...