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.
An unfavourable balance of trade for a country means that her? ...
The maximum amount a company can raise through the issue of shares is ...
Given: Opening capitaL................N7 000 Additional capital.............N3 500 Net..............
\(\begin{array}{c|c} & Le \\ \hline \\ \text{Fines} & 20,000\\ \text{Market rates} & 120...
An example of fixed asset is ...
A debit balance of N1,000 in cash account means that ...
When the purchase consideration exceeds the value of business, the difference is ...