Which of the following items does not feature in the balance sheet of a club?
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2000
Use the information below to answer questions Maro Merchant Bank plc is to issue ₦500,000 ordinary shares of 50k each at ₦3.00 per share. Applications were received for ₦1,550,000 shares fully paid, ₦1,250,000 shares are…
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2000
Use the information below to answer questions Maro Merchant Bank plc is to issue ₦500,000 ordinary shares of 50k each at ₦3.00 per share.Applications were received for ₦1,550,000 shares fully paid, ₦1,250,000 shares are…
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2000
Didi Ltd offered 10,000 ordinary shares of ₦1.50 each at a discount of 2% which were fully subscribed. With regard to the offer above?
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2000
When a customer's cheque is returned unpaid in a debtor's control accounting system, the treatment will be?
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2000
One of the advantage of the shortcomings of single entry procedures is that?
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2000
A fixed cost is fixed only in relation to?
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2000
The simplest form of single entry procedure consists fo keeping a?
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2000
Given:Sales Ledger Control Account (Extracts)Balance b/f ₦10,600Total cash payments by debtors ₦32,275Total credit sales ₦59,193Discount received ₦9,700Balance c/f ₦20,751Discount allowed ₦2,890Determine the sales return…
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2000
In a manufacturing company, the total cost of goods produced is equivalent to?
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2000
An expenses account is closed by a debit to?
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2000
Which of the following errors will affect the trial balance total?
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2000
A general journal contains?
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2000
The most convenient cash book used by a petty trader operating in an area where there is no banking facility is?
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2000
A source document that aids the ascertainment of amount paid out of current account is the?
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2000
Which of the following is an example of intangible assets?
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2000
The main objective of bookkeeping is to record economic?
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2000
what is the gross profit margin?
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2000
Use the information below to answer question 4 and 5.Sales ₦20,000Cost sales ₦10,000Operating expenses ₦2,500Expenses prepaid included In operating expenses ₦500Calculate the net profit?