A fixed amount of money set aside for petty expenses is
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2004
The transfer of goods between departments is recorded be debiting
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2004
Which of the following is not a unit of the computer?
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2004
Computer programmes are
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2004
Capital at start was ₦280,000, while at the end of the year was ₦485,000 and drawings during he year was ₦15,000. What is profit for the year?
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2004
Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline \text{Purchase price of equipment} & 60,000\\ \text{Freight and installation cost} & 10,000 \\ \text{Annual mainte…
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2004
A statement that measures the performance of a business over a period of time is the
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2004
Use the following information to answer the given question:\(\begin{array}{c|c} & N \\ \hline \text{Purchase price of equipment} & 60,000\\ \text{Freight and installation cost} & 10,000 \\ \text{Annual mainte…
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2004
Which of the following is not correct?\(\begin{array}{c|c} Assets & Liabilities & Capital \\ & N & N \\ \hline \text{A. 95,550} 11,500 & 82,000 \\ \text{B. 82,000} & 28,000 & 54,000\\ \text{C…
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2004
Rent prepaid as at 1st January, 2002 was ₦15,000. How much was paid for rent in 2007?
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2004
A business operates on a mark-up of 25%. If cost of goods sold is ₦800,000. What is the profit?
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2004
The amount of money granted by government to public institutions to meet recurrent expenditure during a fiscal year is
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2004
Which of the following is the basis of accounting in public service?
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2004
An expense is said to be revenue in nature if it
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2004
Use the information to answer the given question:RECEIPTS AND PAYMENTS ACCOUNT:\(\begin{array}{c|c} & & N & & N \\ \hline \text{Balance - 1st January} & 2002 & 200 & \text{Bar supplies}& 2…
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2004
A unit of company's capital which can be bought is
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2004
The price paid by an acquiring company is
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2004
Use the following information to answer the given question:\(\begin{array}{c|c} & N\\ \text{Stock of raw materials - 1st January, 2002} & 460,000\\ \text{Purchases of raw materials} & 1,000,000\\ \text{Carria…
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2004
When both debit and credit entries in respect of a transaction are made in the same ledger account, this is
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2004
The class of shareholders who are paid last in the event of wedding-up are