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.
The claim on the assets of a business by outsiders is ...
Which of the following is not an administrative expenses in a manufacturing organization? ...
The balance the provision for depreciation account is shown in the ...
Given: Opening capitaL................N7 000 Additional capital.............N3 500 Net..............