Lubricating oil and spare parts of machinery are examples of?
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2001
Use the information below to answer question 25 and 26.Bar opening stock ₦10,000Amount owed to bar suppliers atThe end the beginning of the year ₦10,000Bar sales ₦50,000Bar credit purchases ₦40,000Payment to suppliers ₦3…
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2001
Use the information below to answer question 25 and 26.Bar opening stock ₦10,000Amount owed to bar suppliers atThe end the beginning of the year ₦10,000Bar sales ₦50,000Bar credit purchases ₦40,000Payment to suppliers ₦3…
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2001
Given:Direct material ₦2,500Direct labour ₦5,000Direct expenses ₦1,000Overhead expenses ₦1,500From the data above, compute the prime cost?
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2001
Use the information below to answer questionGiven: 31/12/98 31/12/99Assets: Plant and Mach. ₦1,500 ₦1,200Fixtures ₦700 ₦520Stock ₦500 ₦600Debtors ₦900 ₦400Cash ₦200 ₦300Liabilities: Creditor ₦500 ₦600Loan ₦600 ₦400
Dete…
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2001
For an incomplete record to provide necessary information, it must be converted to?
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2001
Use the information below to answer the question
Purchases ledger opening balances ₦4,000
Sales ledger opening balances ₦6,000
Credit purchases during the year ₦25,000
Discounts allowed ₦1,000
Returns inwards ₦2…
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2001
Use the information below to answer the question
Purchases ledger opening balances ₦4,000
Sales ledger opening balances ₦6,000
Credit purchases during the year ₦25,000
Discounts allowed ₦1,000
Returns inwards ₦2…
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2001
A reduction in the catalogue price of an article given by a wholesaler to a retailer is called a?
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2001
Use the information below to answer question Palaju Enterprises had fixed assets costing ₦900,000 with provision for depreciation of ₦150,000 were disposed of during the period. Fixed assets of ₦100,000 were added during…
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2001
Use the information below to answer question Palaju Enterprises had fixed assets costing ₦900,000 with provision for depreciation of ₦150,000 were disposed of during the period. Fixed assets of ₦100,000 were added during…
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2001
If a property developing company sells a completed building to an interested third party, this sale can be treated in the books of the company as?
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2001
Given that the balance as per cash book after necessary adjustment was ₦4,315, unpresented cheques were ₦1,688 and the bank statement balance was ₦4,791, what was the balance of uncredited cheques?
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2001
When a bill is negotiated to a bank, it is said be?
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2001
In a petty cash book, the closing balance was ₦235, imprest ₦1,250, while the stationery expenses were ₦655. How much was paid for other general expenses?
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2001
A cash book had opening balance of ₦15,200 closing balance ₦18,400 and total cash received during the period ₦36,000. What was the amount of cash paid out during the same period?
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2001
Hauwa Ltd bought 10bags of rice for ₦500 each.The company was given 5% AND 12% trade and cash discounts respectively. What will be recorded as discount received in the company's book?
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2001
The accuracy of journalist is checked by?
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2001
Use the information below to answer question.Given:
Fixed assets ₦85,600Sales ₦197,000Stock ₦34,300Salaries ₦37,000Purchases ₦127,700Share capital ₦120,000Creditors ₦16, 050Motor expenses ₦10,500Debtors ₦25,000
Determi…
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2001
Use the information below to answer question.Given:Fixed assets ₦85,600Sales ₦197,000Stock ₦34,300Salaries ₦37,000Purchases ₦127,700Share capital ₦120,000Creditors ₦16, 050Motor expenses ₦10,500Debtors ₦25,000What is the…