The major advantage of the journal proper is that it

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The records of Superstores shows a loan of #14,000 from Bala,creditor #8,000 and assets #190,500. What is the firm’s capital?

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Determine the balance as per bank statement.

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Which of the following is true in public sector accounting? Cost of assets is

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Keeping records under single entry system has the advantage of

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Compute the capital as at 1st Jan, 2014.

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A sales for N2,570 was recorded in the sales day book as N2750. The error committed was

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How much rent is apportioned to department Z?

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If the partnership agreement does not specify how net profit is to be divided, the profit should be divided

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Determine the closing capital 31/12/2014

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The basis of accounting for public sector is

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The following account are prepared when goods are sent to branch except

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