Home » Accounts (Principles of Accounts) » The amount for which a business is sold is known asThe amount for which a business is sold is known as The amount for which a business is sold is known as A. goodwill B. capital reserve C. purchase consideration D. premium E. equity Correct Answer: Option C Explanation Related Posts In the operation of an imprest of petty cash, the The value of the sales ledger control account is derived from the summation of Which of the following is the basis of accounting in public service? The total of the discounts received column in the cash book is posted to the? The accounting concept underlying the treatment of personal expenses of the business owner as drawing… If Fatima was granted a discount of 2% what will be discount allowed?
The accounting concept underlying the treatment of personal expenses of the business owner as drawing…
