In the absence of partnership agreement, a loan by a partner attracts interest at

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Quick ratio is

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Current ratio is

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Total assets is

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Which of the following is not used for determining working capital?

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Which of the following bases of accounting does not make allowance for depreciation?

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Which of the following formulae is used to calculate stock turnover rate?

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In the absence of partnership agreement, profits and losses are shared

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Which of the following is not an accounting convention?

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The accounting principle which states that for every debit entry, there is a corresponding credit entry is recognized by

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using the information, the subscriptions shown in the Balance sheet as at 31st December 2005 is

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credit sales for the period is

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