Answers A trade deficit means that? A trade deficit means that? A. the balance of trade is favourable B. exports are less than imports C. imports are less than export D. exports are decreasing E. the balance of payments is unfavourable Correct Answer: Option B Explanation
Answers Discount received is charge to Discount received is charge to A. current account B. profit and loss C. trading account D. balance sheet… Read More
Answers Opening stock……………..N1000 Closing stock……………..N9000 Purchases…………………N14,000 The average stock is? Opening stock……………..N1000 Closing stock……………..N9000 Purchases…………………N14,000 The average stock is? A. N2000 B. N3000 C. N5000 D. N6000 E.… Read More
Answers The Richards Constitution in Nigeria provided for the The Richards Constitution in Nigeria provided for the A. unofficial majority in the Legislative Council B. appointment of… Read More
Answers At the second coming of Christ, those who are alive shall be At the second coming of Christ, those who are alive shall be A. bound for life B. caught… Read More
Answers Which of the following is not a source of finance for a one-man business? Which of the following is not a source of finance for a one-man business? A. money lenders B.… Read More