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A reduction n price to encourage prompt payment is........
Entries in the purchase journal are transferred to the .............
The apportionment of the cost of a fixed asset to the profit and loss account is termed?
The claim of a proprietor of a business entity on its assets is................
A document forwarded to a supplier showing unsatisfactory goods is................................
Credit notes received are source documents for.........
Which of the following transactions is a revenue expenditure?
Which of the following items is found on the debit side of the trial balance?
One of the characteristics of useful accounting information is--------
Investors in a business are mainly interested in firm's--------
A provision for bad debt account had N33,800 at the beginning of the year and N4,220 at the close of the year. If bad debts are calculated at the rate of 1/20% of annual credit sales, what was the credit sales for the period?
The fixed amount of money given to a petty cashier at the beginning of a period is called?
The basic role of accounting is to?
Kakaku limited with three departments has a total of N7,200,000 as net debtors for the year ended 31/12/2106. The company's policy, provides for 15%bad debt annually. Which of the following represents the total balance of debtors before adjustment?
what is the gross profit margin?
calculate the net profit.
The accumulated fund of a non-trading concern can equally be referred to as?
The partnership deed normally specifies?
what will be the price earnings ratio of the company?
The company's earnings yield is?