Home » Accounts (Principles of Accounts) » Company tax paid is debited toCompany tax paid is debited to Company tax paid is debited to A. profit and loss appropriation B. manufacturing account C. profit and loss account D. trading account Correct Answer: Option A Explanation Related Posts A typewriter for office use sold for N5,000 was posted to sales account. This is… The value of goods sent to the branch is? Profit expressed as a proportion of cost price is known as Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled #800,000. A provision… Accounts – Principles of Accounts Theory (a) Outline three distinguished features of public and private companies. (b) State three rights available… Yahya,s bank account shows a credit balance of N1500,000. He paid N1700,000 into the bank….
Accounts – Principles of Accounts Theory (a) Outline three distinguished features of public and private companies. (b) State three rights available…