When a fixed asset is fully depreciated, its net book value is
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1998
To realize an asset means to
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1998
Uche returned goods worth ₦1,500 to Udo. Uche should receive
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1998
Which of the following is/are true? i. depreciation charges increase profits ii. reduction in provision for bad debt increases profit iii. undervalued stock increases profits
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1998
Accounts payable is
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1998
Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline \text{Furniture and Fittings} & 15,000 \\ \text{Land and building} & 40,000 \\ \text{Motor Vehicles} & 25,000…
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1998
Which of the following has a debit balance? i. calls-in-arrears ii. cash-in-advance iii. share discount
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1998
Which of the following is the personal ledger?
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1998
Partners salary is shown in the
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1998
Which of the following is not a Nominal Account?
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1998
A balance sheet is prepared
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1998
Which of the following is n asset?
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1998
Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline Debtors & 30,000 \\ Creditor & 20,000 \\ \text{Opening stock} & 15,000 \\ \text{Closing stock} & 18,000\\…
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1998
Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline Debtors & 30,000 \\ Creditor & 20,000 \\ \text{Opening stock} & 15,000 \\ \text{Closing stock} & 18,000\\…
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1998
Carriage inwards are included on goods
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1998
The accountant general disburses government fund by the use of
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1998
Which of the following is a source of the local government Revenue?
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1998
Opening stock + Purchases + carriage inwards is equal to