The correct entries for this transaction in the book of the buyer is to debit

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If the scrap value is presently #15,000 what will be the yearly depreciation using straight line method?

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The yearly depreciation using the straight line method would be

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Which of the above is correct about the imprest system?

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Alaka who owed Saka #15,000, settled his debt after deducting cash discount of 10percent. To record the discount in the book of Saka, debit

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The corresponding entry of personal accounts found in the debit side of the cash is to

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The total credit sales for a period can be extracted from the

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Which of the following items is a capital expenditure?

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The major source document which enables an employer to calculate the employee wages is the

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The double entry for July 31 would be

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The double entry for July 1 would be

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When the debit side total of an account, t means that the account has

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