The concept that guides a firm to adopt a regular method of recording transactions in its books over a period is
 

A business extracted its trial balance and discovered that the total of the credit side exceeded the total of the debit side. Pending further investigation, the difference would be 

The accounting equation of a business shows the
 

The internal users of accounting information are the

A computer set bought for150,000 was disposed of for N45,000 after some years of use. The profit on disposal was 7,500. Accumulated depreciation at the time of disposal was