Working capital
Accumulated fund
Consolidated fund
Reserved capital
Correct answer is B
No explanation has been provided for this answer.
N24,000
N21,000
N18,000
N9,000
Correct answer is D
No explanation has been provided for this answer.
N48,000
N39,000
N36,000
N21,000
Correct answer is A
No explanation has been provided for this answer.
N39,000
N16,000
N14,000
N12,000
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not an accounting concept?
Entity
Going-concern
Consistency
Historical cost
Correct answer is D
The following are types of accounting concept; Business Entity, Money Measurement, Going Concern, Accounting Period, Cost Concept, Duality Aspect concept, Realisation Concept, Accrual Concept and Matching Concept