The value of assets on dissolution of partnership is debited to realization account and credited to ___ account
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2024
Which of the following is a function of the operating system of a computer?
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2024
Ordinary shares are also known as
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2024
The coming together of two sole trading businesses to form a partnership is
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2024
The permanent memory of a computer is the
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2024
Which of the following is a subsidiary book as well as a ledger?
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2024
Which of the following is not required in preparing a statement of affairs?
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2024
Where there is no partnership agreement, a partner who advances loan to the partnership is entitled to ____ Interest
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2024
The opening stock at the beginning of an accounting period represents
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2024
Which of the following bodies regulates accounting practices in Nigeria?
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2024
A method of stock valuation is
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2024
Peripherals are used in computer to describe
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2024
Which of the following is a characteristics of a limited liability company?
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2024
Who among the following developed the idea of double entry book-keeping?
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2024
Depriciation is?
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2024
A partner whose liability does not extend beyond the amount of capital contributed by him is known as
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2024
When discount is allowed, the accounting entry is debit discount allowed account and credit ____ account
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2024
Goodwill is taken into account in partnership business when
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2024
An equipment costing # 9,000 has an estimated residual value of #900, and is depreciated at 10% per annum. What is the depreciation charge for the three using diminishing balance method?
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2024
An equipment costing #9,000 has an estimated residual value of #900, and is depreciated at 10% per annum. Using the straight-line method, what is the depreciation charge for the second year?