Prof. Bush had two accounts with Olive Brother agreed to have only one balance outstanding. By which of the following methods could this be effected?

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Profit expressed as a fraction of the selling price is known as

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In computing, external storage is called

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The closing balance for 1998 is an item under

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Rent charged to the profit and loss account for the year 1998 is

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When a buyer is undercharged, the seller forwards

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Prepaid rent of N650 had been recorded as N560. This is an error of

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Gross Profit of a business is the

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Expenses incurred when incorporating a company are

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The entries necessary for recording profit loading on goods sent to branch are

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The assets of ABC Enterprises are stock N18,000. Debtors N11,000. Capital reserve was

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XYZ Enterprises bought ABC Enterprises by issuing 30,000 ordinary shares

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