Gamji Memorial Club carried out an activity which yield a profit of N10 000. This amount is to be transferred to the?
Gamji Memorial Club carried out an activity which yield a profit of N10 000. This amount is to be transferred to the?
A debit side of its profit and loss account
B credit side of its profit and loss account
C debit side of its income and expenditure account
D credit side of its income and expenditure account
Answer is D
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