A book that contains the account for the financial transactions of an organizations is the
A book that contains the account for the financial transactions of an organizations is the A. journal B.…
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A system where a separate cash book is maintained for small payments is
A system where a separate cash book is maintained for small payments is A. single entry B. imprest…
The art of collecting, recording, presenting and interpreting accounting data is
The art of collecting, recording, presenting and interpreting accounting data is A. cost accounting B. management accounting C.…
The depreciation method in which the number of years of the useful life of an…
The depreciation method in which the number of years of the useful life of an asset is allocated…
An example of capital gain s
An example of capital gain s A. premium B. bonus C. shares D. debenture Correct Answer: Option A…
Which of the following attracts a fixed rate of dividend?
Which of the following attracts a fixed rate of dividend? A. ordinary shares B. founder’s shares C. preference…
Which of the following is a source of revenue to a local government authority?
Which of the following is a source of revenue to a local government authority? A. poll tax B.…
The double entry in the books to write off goodwill is
The double entry in the books to write off goodwill is A. debit Goodwill account, credit capital account…
Holder of ordinary shares do not have the right to
Holder of ordinary shares do not have the right to A. participate in additional issue of shares B.…
Which of the following is not a real account?
Which of the following is not a real account? A. building account B. motor vehicle account C. patents…