The generally accepted accounting principle, which should be stated in a company’s accounting polices as it related to inventory, is that stock should be valve at Posted on:
Which of the following should not be classified on a current liability in a financial statement? Posted on:
Which of the following item is found in the company’s profit and loss account is described as exceptional item Posted on:
All the following are excepted to be found in published financial statement of a publicity quoted company except Posted on:
Which of the following is a feature of the statement of affairs prepared when a company is being liquidated? Posted on:
Which of the following would contribute to deficiency in liquidation of a company (i) discount on accrued liabilities (ii) liquidation fees (iii) preference divided waved by investors (iv) formation expense Posted on:
When a partnership asset has been pledged for the personal debt of a partner, the creditor would claim as ….. and creditor in the …. estate Posted on:
The liquidator’s of Adebayo limited has settle all creditor of the company except three owed N150,000. At the commencement of the liquidation, the company’s share capital was as follows: Posted on: