The directors of Olu Ltd. recommended adividend of 10% on 1,000,000 ordinary share capital of N2.00 each. The amount of dividend declared is
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2019
Goodwill is recognized in partnership when
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2019
Use the following information to answer the question belowApril 11: Sold goods for cash N50,000
April 20: Bought goods for cash N30,000
April 26: Bought postage stamp N5,000
April 28: Cash sales N49,000
April 29: Cash pu…
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2019
Use the following information to answer question belowApril 11:Sold goods for cash N50,000
April 20: Bought goods for cash N30,000
April 26: Bought postage stamp N5,000
April 28: Cash sales N49,000
April 29: Cash purchas…
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2019
The concept which seeks to prevent profits from being overstatedis
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2019
Kadiri paid his debt to Suleman by cheque.The accounting entries in Kadiri s books are: debit
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2019
In public sector accounting, salaries of employees are classified as
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2019
Use the following information to answer questions the question below
01/01/17 31/12/17
Trade creditors 630,000 780,000
Stock 540,000 480,000
Trade creditors
Stock
Cash paid to trade creditors in 201…
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2019
Use the following information to answer questions the question below
01/01/17 31/12/17
Trade creditors 630,000 780,000
Stock 540,000 480,000
Trade creditors
Stock
Cash paid to trade creditors in 201…
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2019
ln a not-for-profit organization, the accumulated fund is
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2019
The primary concern of shareholders in a business is the
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2019
To show the evidence of payment to a government ministry, the revenue collector issues a
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2019
When the letter "C" is written in front of an entry in the folio column of a cash book, it shows a
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2019
A quality of accounting information is that it should be