The equivalent of income and expenditure account in a trading concern is
The equivalent of income and expenditure account in a trading concern is A. trading account B. profit and…
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Which of the following is not an input device?
Which of the following is not an input device? A. card reader B. paper top reader C. alpha-numeric…
Rent accrued in 2009 was D140, in 2010, D900 was paid while D160 was outstanding….
Rent accrued in 2009 was D140, in 2010, D900 was paid while D160 was outstanding. Rent for 2010…
The concept which establishes the rule for the periodic recognition of revenue as soon as…
The concept which establishes the rule for the periodic recognition of revenue as soon as it is capable…
which of the following is a component of prime cost?
which of the following is a component of prime cost? A. depreciation B. royalty C. factory rent D.…
A partner who only make capital contribution but does not take part in the management of…
A partner who only make capital contribution but does not take part in the management of the partnership business…
Which of the following is not prepared by a partnership?
Which of the following is not prepared by a partnership? A. trading account B. profit and loss account…
The name given to a budget in public service accounting is
The name given to a budget in public service accounting is A. vote B. subvention C. general order…
Branch stock account is used to determine the
Branch stock account is used to determine the A. net value of goods sent to branch B. gross…
Osa started business with Le 40,000 cash. The accounting entry is debit
Osa started business with Le 40,000 cash. The accounting entry is debit A. cash account; credit capital account…