The claim on the assets of a business by outsiders is&nbs...
The claim on the assets of a business by outsiders is
Capital
Liabilities
Reserves
Provisions
Correct answer is B
No explanation has been provided for this answer.
Use the following information to answer the given question \(\begin{array}{c|c} & Dr & Dr &...
Which of the following concepts recognizes the principle of double entry? ...
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...
An ordinary share of N80 was issued at N96. The share was issued at? ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
In preparing the final accounts, the bad debt account is closed by a transfer to the ...
Danladi Bako's Statement of Affairs as at 30/06/17 ₦ &...
Rakiya and joy are in a partnership and agreed that 5% interest per annum is to be charged on ...