An amount set aside out of profit for a specific purpose ...
An amount set aside out of profit for a specific purpose is a
Reserve
Liability
Provision
Discount
Correct answer is A
No explanation has been provided for this answer.
The term fiscal compliance means ...
Which of these is not method of stock valuation? ...
i. cash at bank ii. cash in hand iii. premises iv. land ...
Administrative, selling and distribution expenses in a manufacturing firm are recorded in ...
A debit balance of N1,000 in cash account means that ...
The partner whose liability goes beyond his capital is a ...
Use the following information to answer the given question: \(\begin{array}{c|c} \text{Date of de...
An item that would be considered a first charge against profit in a company's account is ...