Using the reducing balance method, what is the amount of depreciation for the second year? Posted on:
A machine bought for N7,000 was estimated to have a useful life of 4 years and a scrap value of N500. Posted on:
John brought in an additional plant into his business. What are the accounting entries necessary to reflect the transaction? Posted on:
A typewriter for office use sold for N5,000 was posted to sales account. This is an error of a Posted on:
Purchase of goods for N1,000 from chukwu had been entered in Cukwura’s account. This is an error of Posted on:
Where there is no partnership agreement, any contribution in excess of the agree capital attracts Posted on:
