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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The accounting concept that supports the application of double entry book-keeping is the

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Which of the following documents set out the internal regulations of a partnership?

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Which of the following brings a company into legal existence?

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Which of the following is the basis for apportioning rent among departments?

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Dividend per ordinary share is

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