A delivery van was bought on credit. The transaction would be entered by the customer first in the Posted on:
The capital sum which represents the difference between the assets and liabilities of a society or club is referred to as Posted on:
Which of the following accounts are treated in the nominal ledger? i. wages ii. discounts allowed iii. purchases Posted on:
The cost of goods sold at N32,000. The gross profit is 25% on cost. Returns inward amounts to N2,000, What is the value of sales? Posted on:
In a manufacturing organization, which of the following expenses does not elate to cost of production? Posted on: