a statement showing a trader's financial position as at a particular date is/an
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2013
Excess of current assets over current liabilities is
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2013
Stock account is a type of
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2013
At the end of trading period, cost of goods sold is debited to the trading account while cost of services is debited to the
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2013
Which of the following is not part of prime cost of production?
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2013
Upon the dissolution of partnership business, the party to be settled first out of the proceeds realized is
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2013
the basic assumption which underline the preparation of periodic financial statement is known as accounting
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2013
Which of the following relates to the essence of partnership? To
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2013
In a non-for-profit making organization, the cash book is referred to as
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2013
When the going concern concept is no longer applicable, the fixed assets are recorded at their
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2013
the process of detecting, tracing and eliminating errors in a computer program is
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2013
A set of instrument or programs which controls the operation of a computer is
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2013
When a business is purchased from a sole trader, the excess of the purchase price over the net assets is
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2013
Which of the following is not an item on the credit side of the purchases ledger control account?
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2013
Use the following information to answer the given question:\(\begin{array}{c|c} & \text{Le} \\ \hline \\ \text{Fines} & 20,000\\ \text{Market rates} & 120,000\\ \text{Salaries} & 60,000\\ \text{Maintenanc…
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2013
The public account committee is an organ of
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2013
In departmental accounts, administrative expenses are recorded in the
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2013
Which of following is a recurrent expenditure in public sector accounting?
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2013
a low current ratio in business indicates that the business is