Which of the following accounting records is used to determine the arithmetical accuracy of ledger posting Posted on:
Accrued Salaries of N18,000 due to employees for December 31 2015 was omitted and not included in the financial statements prepared for the year ended 31 December 2015. Which of the following will be correct? Posted on:
A sole proprietor paid his personal Income Tax by withdrawing cash for the payment from his business. The double entry posting in ledger with respect to the above transaction is: Posted on:
The Agreement of a trial balance will not disclose ONE of the following fundamental errors in the accounting books. Posted on:
The Depreciation methods that ensure that the depreciation charged against income reduces as the year of usage of the non- current assets increases is known as? Posted on:
Determine the net realizable value of receivables at the end of the first year of trading. Posted on:
State the change in value of the allowance for doubtful debts at the end of the current accounting period. Posted on:
When a debt thought to be irrecoverable and written off is subsequently recovered, which additional entry is required to complete the two entries given below? Posted on:
