Home » Accounts (Principles of Accounts) » A trader paid N15,000 on rent for 15 months but charged N12,000 to the profit…A trader paid N15,000 on rent for 15 months but charged N12,000 to the profit… A trader paid N15,000 on rent for 15 months but charged N12,000 to the profit and loss Account for the year. This is the concept of A. accrual B. materiality C. prudence D. going-corncern Correct Answer: Option B Explanation Related Posts Closing stock was overstated. The effect is that An increases in the provision for doubtful debts results is aan Accounts – Principles of Accounts Theory (a) What is a Ledger (b) List out the uses of an invoice to the seller… The most appropriate basis for apportioning inventory holding cost among departments is to use the… The Unissued capital of the company is Use the information below to answer this question. Timo and Chris are computer engineers who…
Accounts – Principles of Accounts Theory (a) What is a Ledger (b) List out the uses of an invoice to the seller…
