The document which authorizes the Minister of Finance to release fund for government expenditure is
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2000
A reserve is an amount
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2000
Which of the following is used in locating errors in the ledger?
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2000
The capital of not-for profit making organization is
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2000
Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ \text{Return inward} & 150 \\ \text{Rent} & 2,000 \\…
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2000
a list of all credit and debit balance from the ledger accounts is
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2000
Which of the following accounts has a debit balance?
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2000
How much did Olu sell goods bought at ₦1,000 if he sells at a margin of 20% on selling price?
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2000
Bills receivable is a
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2000
The double entry for increasing provision for bad debt is debit
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2000
Which of the following is not an example of input device?
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2000
A motor vehicle bought for ₦16,000 was estimated to have a useful life span of 4 years and a scrap of ₦2,000. If the vehicle is sold for ₦6,000 at the end of third year, what is the profit or loss on sale?
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2000
A motor vehicle bought for ₦16,000 was estimated to have a useful life span of 4 years and a scrap of ₦2,000. Using the straight line method, what is the amount of depreciation charged per annum?
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2000
A motor vehicle bought for ₦16,000 was estimated to have a useful life span of 4 years and a scrap of ₦2,000. What is the net book value of the motor vehicle at the end of the third year, using the straight line method?
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2000
An account is said to have a debit balance because
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2000
The accounting entry for depreciation at the end of each year is to debit
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2000
The vote book in Public Sector Accounting is used to
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2000
Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline \text{Opening stock:} & \\ \text{- raw materials} & 6,500 \\ \text{-work-in-progress} & 2,500 \\ \text{Closing…
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2000
Which of the following is not a petty cash book item? purchase of