The effect of transaction when cash is paid into the bank is?
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2023
Which of the following is used to service all operations of government?
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2023
Given:
I. It records subscription in arrears
II. Payments of liabilities is effected
III. The account does not show if cash payment is revenue or capital expenditure
IV. It performs the same function as cash book
The fe…
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2023
Given:
I. Cash refunds
II. Debit note issued
III. Dishnoured cheque
IV. Purchases
The item on the credit side of purchase ledger control account includes
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2023
Changes in the profit sharing ratio may occur as a result of
I. skill contributed by partners
II. health status
III. old age
IV. Intangible asset increase
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2023
When goods are received from head office, head office will be credited while
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2023
₦Balance as per cash book 5467Uncredited cheques 4410Unpresented cheques 19404The balance as per bank statement is
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2023
Subscription in advance is treated in the balance sheet as a
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2023
#Stock Jan12600Purchases4000Carriage inwards500Sales9000Carriage outwards500Determine the net profit
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2023
Which of these is the main source document for recording cash paid into bank?
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2023
One of the options below is not the source of income for non - profit organization
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2023
Accounting entry for dissolution expenses is
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2023
A part of public company's profit belonging to the shareholders is
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2023
The principle of double entry developed from the axioms of accounting equation is given as
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2023
₦Debtors opening4000Debtors closing1500Cash received from debtors8500Bad debts written off350Discount allowed500Discount received1000What is the amount of sales for the year?
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2023
The following appears in the trading account except
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2023
The authority warrant issued prior to the approval of the appropriate bill at the begining of the year
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2023
The use of three column cash book is determined by
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2023
The following are importance of branch account except