A double entry for a transaction that offsets one amount ...
A double entry for a transaction that offsets one amount against another on both sides of the cashbook is a
Original entry
Contra entry
Prime entry
Contract entry
Correct answer is B
Contra entry is used to offset amount or same transaction against another on both side of the cashbook.
The maximum amount a company can raise through the issue of shares is ...
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Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
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Goodwill is determined using? ...
Given: ..............Rich Social Club........... Cash.........................N100,000 Loan ........
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hline \t...