The loss of equipment in a fire disaster results in?

Accounts - Principles of Accounts

JAMB 2004

A. a decrease in current assets
B. an increase in liabiities and assets
C. a decrease in assets and capital
D. an increase in liabilities and a decrease in assets

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

Correct Answer: Option C

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here

Previous Next

Go back to Acc classroom

Report an Error Ask A Question Download App

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

what is the fluid in the eye calles? Answer this

1 Answers · Biological Science · 2 hours ago
which school is the richest school in Nigeria? Answer this

1 Answers · 1 day ago
how does post utme looks like and what are the subjects required for a medical student? Answer this

1 Answers · 1 day ago

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

The loss of equipment in a fire disaster results in?

Correct Answer: Option C

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In