Salaries in arrears is treated in the balance sheet as a<...
Salaries in arrears is treated in the balance sheet as a
Current asset
Current liability
Fixed asset
Long term liability
Correct answer is B
Current Liability: salaries in arrears fall into the category of them under the current liability because it is benefit due to outsiders but still enjoying by the organisation and can't exceed a year
Which of the following is not contained in the sales ledger control account? ...
Given: Depreciation of plant and machinery N1,600 Factory rent N650 Indirect wages N695 General ...
The accumulated fund of a non-trading concern can equally be referred to as? ...
Given: N Drawings 3,500 Net loss 2,500 Capital 1.1,2007 35,000 Additional capital 10,000 The ...
Bank reconciliation statement is prepared to reconcile the differences between ...
Which of the following is not a debit item in a partnership appropriation account? ...
The equivalent of a club's Receipt and payment account is ...