Tuesday , June 25 2024
Breaking News

Mojoversity Free Courses with Certificates | Free Online Certification

Basics of Accounting for Businesses Certification
  • Cost and income for managers
  • Company’s tax liability
  • Company’s ability to make profits
  • All of the above
  • Buildings
  • Debtors
  • loan Borrowed
  • Cash balance
  • Motor Vehicles
  • Machinery
  • Creditors for goods
  • Cash at Bank
  • A statement of assets
  • A listing of balances
  • An account proving the books balance
  • A record of closing entries
  • Profit and Loss Account
  • Balance sheet
  • Trial balance
  • Trading Account
  • Sent by the bank when there is an error
  • Drawn up by the bank to verify the cash book
  • Sent by the bank when the account is overdrawn
  • Drawn up by company to verify cash book balance with the bank statement balance
  • Cost of a fixed asset
  • Cost of a fixed asset’s repair
  • The residual value of a fixed asset
  • A portion of a fixed asset’s cost consumed during the current accounting period
  • Profit reduced capital
  • Profit increases capital
  • Capital can only come from profit
  • Profit does not alter capital
  • Amount of capital invested
  • Cost of goods minus net profit
  • Amount used to sell goods
  • Capital used for operations
  • Expenses are greater than income
  • Drawings are greater than income
  • Revenue is greater than income
  • Interest is greater than income

About Clear My Certification

Check Also

NACO Internship Program 2024- National AIDS Control Organization

What is NACO Internship Programme 2024? The National AIDS Control Programme (NACP), launched in 1992, …

Leave a Reply

Your email address will not be published. Required fields are marked *