Which of the following is an advantage of the impurest system?

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In Manufacturing Account, prime cost plus factory overhead is known as

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The profit on sale was

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Accumulated depreciation at the time of sale was

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The net book value at the time of sale was

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Which of the following is a normal account?

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In a partnership goodwill is recognized when

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An example of appropriation of profit in a company is

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A Receipt and Payments Account reveals

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Which of the following is not a capital expenditure to a local government?

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A sales day book is used to record

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Subscription in advance is treated in the Balance sheet of non-profit making organizations as

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