In the final account of a limited liability company, debe...
In the final account of a limited liability company, debenture interest paid is recorded in the
capital account
profit and loss account
trading account
current account
Correct answer is B
Debenture interest is recorded on the debit side of the profit and loss account.
In a public corporation, the capital expenditure incurred in a financial period is? ...
The final stage of accounting process is ...
The control accounting can be used in? ...
Debtors and credit sales for a period are D 120,00 and D 600,00 respectively. The debtor's payme...
The equivalent of a club's Receipt and payment account is ...
The major source document which enables an employer to calculate the employee wages is the ...
\(\begin{array}{c|c} & Le \\ \hline \\ \text{Fines} & 20,000\\ \text{Market rates} & 120...
A bank statement shows an overdraft of GH¢ 190,000. Kofi a debtor paid GH¢ 400,000 into th...