Answers The Akachala Limited has four department W, X Y and Z. The profits or loss… The Akachala Limited has four department W, X Y and Z. The profits or loss of the departments… Read More
Answers The summary of receipts and payments account represent? The summary of receipts and payments account represent? A. cash at hand B. journal proper C. general journal D.… Read More
Answers The equivalent of a club’s receipts and payment account is the? The equivalent of a club’s receipts and payment account is the? A. trading account B. revenue account C.… Read More
Answers In the not-for-profit-making organization, the excess of income over expenditure is? In the not-for-profit-making organization, the excess of income over expenditure is? A. deducted from the capital B. added… Read More
Answers The prime cost is the total of the? The prime cost is the total of the? A. production cost + selling expenses B. direct material +… Read More
Answers The prime cost is the total of the? The prime cost is the total of the? A. production cost + selling expenses B. direct material +… Read More
Answers The depreciation on a motor vehicle that is being used for manufacturing and administration is… The depreciation on a motor vehicle that is being used for manufacturing and administration is charged to the?… Read More
Answers The gross loss on manufacturing is always transferred to the? The gross loss on manufacturing is always transferred to the? A. credit side of balance sheet B. debit… Read More
Answers The depreciation on a motor vehicle that is being used for manufacturing and administration is… The depreciation on a motor vehicle that is being used for manufacturing and administration is charged to the?… Read More
Answers Use the information below to answer questions ……………………31/12/08………..31/12/09 Furniture and fittings..N21 000,…………N28 000 Office equipment……..N9… Use the information below to answer questions ……………………31/12/08………..31/12/09 Furniture and fittings..N21 000,…………N28 000 Office equipment……..N9 800,………….N13 200 Debtors……………..N6… Read More