Which of the following is true in Public sector accounting? Cost of assets is
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1998
The loss made by a non-trading organization is called
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1998
Discount allowed is charged to
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1998
Carriage outwards is the amount spent on transporting
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1998
Interest on Partner's drawing is credited to
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1998
\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of Raw Materials} & 5,800 \\ \text{Closing stock of Raw Materials} & 4,500 \\ \text{Raw material purchased} & 19,000\\ \text{Carriage outwards} &…
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1998
Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline \text{Opening stock of Raw Materials} & 5,800 \\ \text{Closing stock of Raw Materials} & 4,500 \\ \text{Raw materi…
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1998
The accounting year of Fehintola Ltd. ends on 31st December every year. Pant and Machinery purchased on 1st January, Year 1 ₦600,000Depreciation rate per anuum, 10%Scrap value, ₦60,000. Using the straight line method, wh…
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1998
The accounting year of Fehintola Ltd. ends on 31st December every year. Pant and Machinery purchased on 1st January, Year 1 ₦600,000Depreciation rate per anuum, 10%Scrap value, ₦60,000. Using the straight line method, wh…
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1998
The accounting year of Fehintola Ltd. ends on 31st December every year. Pant and Machinery purchased on 1st January, Year 1 ₦600,000Depreciation rate per anuum, 10%Scrap value, ₦60,000.Using reducing balance method, what…
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1998
The accounting year of Fehintola Ltd. ends on 31st December every year. Pant and Machinery purchased on 1st January, Year 1 ₦600,000Depreciation rate per anuum, 10%Scrap value, ₦60,000.Using reducing balance method, what…
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1998
When a share is sold for less than its nominal value, the difference is debited to
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1998
Rent paid during 1995 was ₦2,000 while rent paid at 31st December, 1995 was
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1998
Which of the following is an example of production overhead?
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1998
Which of the following is a recurrent expenditure to a Local Government Council?
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1998
Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline \text{Construction of classrooms} & 500,000\\ \text{Purchase of tablets and chairs} & 50,000 \\ \text{Purchase of…
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1998
Which of the following cannot be realized?
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1998
Provision for discount on debtor on debtors is to be
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1998
Payment for shares in excess of amount demanded gives rise to
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1998
Goods worth ₦800 was stolen. The double entries are, debit,