One of the benefits of book-keeping records is that they?
Give prospective investors accurate and direct information for decisions-making
Provide the public and creditors with details of the operations of an entity
Give legal backing to all the transactions undertaken by a business entity
Provide information without which the task of management would be difficult
Correct answer is A
No explanation has been provided for this answer.
A decraese in the total asssets by N5000
An increase in the total liabilities and owners' equity by by N15,000
An increase in the total assets by N15,000
A decrease in owners' equity by N5000
Correct answer is A
No explanation has been provided for this answer.
N6600
N6650
N5600
N5900
Correct answer is B
No explanation has been provided for this answer.
N2700
N2250
N1550
N2000
Correct answer is A
No explanation has been provided for this answer.
The fourth stage of the accounting information system is?
Recording
Interpreting
Summarizing
Classifying
Correct answer is C
No explanation has been provided for this answer.