The main features of the single system are that?
Books of accounts are not maintained and business relies only on bank statement
The journal records are absent and only the main ledger is kept 7
There are incomplete classifications and recording procedures
Only credit sales transactions and credit purchase are recorded
Correct answer is C
No explanation has been provided for this answer.
An addition was made to the asset during the sixth year
The estimate of salvage value on this equipment was decreased
A unit-of-output method of depreciation was used during the sixth year
The estimate remaining service life of the assets was increased at the beginning of the sixth year
Correct answer is A
No explanation has been provided for this answer.
N338.58
N342.00
N345.42
N360,00
Correct answer is A
No explanation has been provided for this answer.
N19,000.00
N18,050.50
N17,147.50
N16,290.13
Correct answer is C
No explanation has been provided for this answer.
N2,100,000
N844,400
N840,000
N500,000
Correct answer is B
No explanation has been provided for this answer.