The accounting system in which only one aspect of transac...
The accounting system in which only one aspect of transaction is recorded is
Single entry
Single column cash book
Original entry
Double entry
Correct answer is A
No explanation has been provided for this answer.
An example of a nominal account is ...
i. Direct materials ii.Direct labour iii.Direct expenses iv. Factory expenses Prime cost consi...
When a buyer is undercharged, the seller forwards ...
When expenses are paid on behalf of the venture, the accounting entries is to debit ...
The going concern concept assumes that ...
The manufacturing account is prepared to ascertain ...
Which of the following is an advantage of the impurest system? ...
\(\begin{array}{c|c} & ₦\\ \hline \text{Opening stock} & 40,000\\ \text{Purchases} & 1...