Which of the following pieces of information would be found in a typical debit note
Customer code
Date of invoice
Brief reason for the debit
E & O.E
Correct answer is C
No explanation has been provided for this answer.
individual's right to be issued shares n subscription
right of shareholders to voteon issues
preferntial right to returns on shares
shares offered to existing shareholders at a cheaper price
Correct answer is D
Right isues is an issue of shares offered at a special price by a company to its existing shareholders in proportion to their holding of old shares.
cooperative society
partnership
public limited company
credit union
Correct answer is B
A partnership is an arrangement between two or more people to oversee business operations and share its profits and liabilities.
Liquid capital in a business means the
movable assets of the business
authorised capital
issued capital
assets easily convertible to cash
Correct answer is D
Liquid capital, or fluid capital is a readily convertible asset, such as money or other bearer economic instruments, as opposed to a long term asset like real estate. It is the asset that is easily converted to cash
Trade as a division of commerce is usually classified into
retail and whole sale
import and export
home and foreign
visible and invisible
Correct answer is C
Trade is divided into;
- Home or domestic trade
- Foreign or international trade