Where there is a loss on disposal of a fixed asset, it means
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2005
Where a proprietor withdraws stock for personal consumption, the accounting entries to record the transaction are
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2005
Resources consumed but to be paid for within the next accounting period are classified in the balance sheet as
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2005
The part of the C.P.U used for the processing of data is
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2005
Using the following information to answer the given question:\(\begin{array}{c|c} Post & Grade & \text{Number in post} & Rate \\ \hline \text{Chief Accountant} & 15 & 1 & N371,748\\ \text{Asst, Ch…
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2005
Using the following information to answer the given question:\(\begin{array}{c|c} Post & Grade & \text{Number in post}& Rate \\ \hline \text{Chief Accountant} & 15 & 1 & N371,748\\ \text{Asst, Che…
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2005
Which of the following is apportioned in proportion of the purchases of each department?
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2005
Where goods are invoiced by a firm its branch at cost-plus, the branch stock adjustment accounts is used to determine
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2005
When shares are sold at less than the nominal value, it means they are issued at
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2005
Which of the following is a capital reserve?
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2005
Which of the following ratios measure the ability of a firm to meet short-term obligations?
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2005
The correct order of liquidity is
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2005
When both debit and credit entries of a transaction are shown in the cash book, it is described as
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2005
Direct material + direct expenses is
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2005
Which of the following statements is no correct?
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2005
"Transactions are governed by legal principles, but are nevertheless accounted for and presented in accordance with the substance and financial reality". This is in compliance with the principle of
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2005
Which of the following is not an accounting concept?
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2005
Use the following information to answer the given question:RECEIPTS AND PAYMENTS ACCOUNT:\(\begin{array}{c|c} Dr & & & Cr \\ \hline & D & & D \\ \text{Balance b/f} & 1,000 & Salaries &…
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2005
Where a firm has not kept proper books of account, an increase in closing capital over opening capital represents
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2005
Which of the following is not credited to debtors control account?