Cash sales of merchandise are recorded in the:
Anonymous Quiz
14%
Cash payments journal.
41%
Cash receipts journal.
10%
General journal.
35%
sales journal
A plant asset with a cost of 900,000 and accumulated depreciation of $800,000 is sold for $80,000.Whatisthe amount of the gain or loss on disposal of the plant asset?
Anonymous Quiz
53%
Birr 20, 000 losses.
13%
Birr 80,000 gain.
10%
Birr 80, 000 losses.
24%
Birr 20,000 gain
Which of the following refers to the length of time covered by each payroll payment in the company.
Anonymous Quiz
12%
Pay day
22%
Payroll Register
61%
Pay period
5%
Pay Check
Which Of the following types of allowance, which one is exempted from tax.
Anonymous Quiz
13%
Position allowance
11%
House allowance
47%
Hardship allowance
30%
Transportation allowance more than 25% of basic salary
Which one of the following is not correct about corporation?
Anonymous Quiz
11%
Unlimited life
11%
Separate legal existence
52%
Unlimited liability
26%
limited liability
The first steps of liquidation process of partnership is
Anonymous Quiz
21%
Paybliability of the partnership
22%
Distribute gain or loss from realization of asset
44%
Sell the partnership assets
12%
Distribute the remaining cash to partners
It will Continue To night
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Forwarded from Accounting For exit exam (world wide) (Boez)
Please open Telegram to view this post
VIEW IN TELEGRAM
Forwarded from Accounting For exit exam (world wide) (Boez®)
intermediate II summary (1).pptx
8.1 MB
CREDIT: Good girl 👁️