The accumulation fund of a non-trading concern can equally be referred to as
Members' equity
Share capital
General fund
Surplus fund
Correct answer is A
No explanation has been provided for this answer.
The Partnership Deed normally specifies
How profit or losses are to be shared
The capital to be contributed annually
How salaries are paid to employees
The profit that should be earned annually
Correct answer is A
No explanation has been provided for this answer.
3.91
3.19
2.95
2.55
Correct answer is B
No explanation has been provided for this answer.
20.00%
25.00%
31.33%
39.17%
Correct answer is C
No explanation has been provided for this answer.
N39,180
N34,830
N34,380
N31,980
Correct answer is D
No explanation has been provided for this answer.