The cost of raw materials consumed is determined in the Manufacturing Account as

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Cost of sales for the year was

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Which of the following items is found on he credit side of a sales Ledger Control Account?

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Which of the following is not a credit item in the sales ledger control account?

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Which of the following is found in a receipts and payments account?

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In a not-for-profit making organization, the cash book is summarized in the form of

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A control account is

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The account that shows both the cash and bank transactions of an enterprise is

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Aina’s current account balance is

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Ojo’s share of profit for the year is

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The divisible profit for the year

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Which of the following is a limitation of the money measurement concept?

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