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Answers

44896 posts
  • Answers

A company goods sent to branch at invoiced price is ₦30,870 at cost plus 25%….

A company goods sent to branch at invoiced price is ₦30,870 at cost plus 25%. The mark-up is…
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The instrument isued by the Minister who authorized an officer to incure expenditure is a/an

The instrument isued by the Minister who authorized an officer to incure expenditure is a/an A. warrant B.…
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An officer that is charged with the responsibility of carrying out investigations on the book…

An officer that is charged with the responsibility of carrying out investigations on the book of accounts to…
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Which of the following cannot depreciate?

Which of the following cannot depreciate? A. plant and machinery B. motor van C. premises D. land Correct…
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Which of the following is not charged to the manufacturing account?

Which of the following is not charged to the manufacturing account? A. Direct expenses B. Factory wages C.…
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The manufacturing account is prepared to ascertain

The manufacturing account is prepared to ascertain A. cost of goods sold B. cost of production C. Gross…
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In the preparation of statement of profit, if the opening capital is greater than closing…

In the preparation of statement of profit, if the opening capital is greater than closing capital, there will…
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Given: Equipment Motor Vehicle Loan Creditors Sub in advance Sub in arrears ₦ 10,000 15,000…

Given: Equipment Motor Vehicle Loan Creditors Sub in advance Sub in arrears ₦ 10,000 15,000 4,500 3,000 150…
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The similarities between Receipts and payments and income and expenditure account is

The similarities between Receipts and payments and income and expenditure account is A. Both accounts follows the principle…
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In a non-profit making organisation, the excess of Assets over liabilities equals

In a non-profit making organisation, the excess of Assets over liabilities equals A. capital B. capital employed C.…
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