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.
In trial balance, income and liabilities are ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
The authority to transfer fund from one head to another within the same organization is called ...
In public sector accounting, salaries of employees are classified as ...
In the absence of a partnership deed, the act stipulates that ...
BALANCE SHEET AS AT 31st DECEMBER, 2010 \(\begin{array}{c|c} & ₦ & & ₦ \\ \hline \te...
\(\begin{array}{c|c} & J. Chike & B. Balla \\ & N & N \\ \hline \text{Current Accoun...