A disadvantage of single entry system of book-keeping is ...
A disadvantage of single entry system of book-keeping is that
The profit for the period is reduced
It is difficult to determine profit for the period
Total sales for the period is reduced
The owner of the firm withdraws money from the enterprise
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} & N\\ \text...
The correct entries to record goods transferred to branch from head office is to debit? ...
In an incomplete record system a trading account cannot be prepared until the ...
The balancing figure in the purchases ledger control account is? ...
Trading account for the year ended 31st December 2009 ₦ ₦ Opening...
The amount of each invoiced goods sent to the branch is debited to? ...
Which of the following is not an administrative expenses in a manufacturing organization? ...
Capital expenditure is the ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hline...