The internal users of accounting information are the
Creditors
Employees
Investors
Customers
Correct answer is B
No explanation has been provided for this answer.
The accounting equation of a business shows the
Current assets and current liabilities only
Difference between current assets and liabilities
Assets and the sources of financing them
Owner's interest in the business only
Correct answer is C
No explanation has been provided for this answer.
Credited to suspense account
Debited to suspense account
Credited to Profit and Loss Account
Debited to Profit and Loss Account
Correct answer is B
No explanation has been provided for this answer.
Periodicity concept
Consistency concept
Going concern concept
Historical cost concept
Correct answer is B
No explanation has been provided for this answer.
An example of a real account is
Computer Repairs Account
Computer Insurance Account
Office Computer Account
Depreciation of Computer Account
Correct answer is C
No explanation has been provided for this answer.