Home » Accounts (Principles of Accounts) » The trading account is to a sole trader what income and expenditure account is to…The trading account is to a sole trader what income and expenditure account is to… The trading account is to a sole trader what income and expenditure account is to a? A. partnership B. public limited organization C. manufacturing organization D. non-profit making organization Correct Answer: Option D Explanation Related Posts A debit cash balance of N26,900 was brought down as N24,300. The entries necessary to… The accounting method that reports incomes when earned and expenses when incurred is called? The term used to denote the capital of a not-for-profit making organization is The distributable profit available to shareholders at the end of each year is the What are accounting entries for bad debts recovered? Use the following information, (begin{array}{c|c} & D\ hline text{Construction of classrooms} & 500,000\ text{Sinking of…
Use the following information, (begin{array}{c|c} & D\ hline text{Construction of classrooms} & 500,000\ text{Sinking of…