A bookkeeper debited Motor Vehicle Account instead of Motor Expenses Account. This is an error of Posted on:
Prime cost is derived by adding i. cost of raw materials consumed ii. indirect expenses iii. direct labour iv. factory expenses v. work-in-progress vi. direct expenses Posted on:
The net profit was ₦30,000.Using the following information, The total interest on capital is Posted on:
The net profit was ₦30,000.Using the following information, Osula’s interest on drawings is Posted on:
The net profit was ₦30,000.Using the following information, Okoro’s share of the profit is Posted on: