Gamji Memorial Club carried out an activity whi... - JAMB Accounting 2005 Question
Gamji Memorial Club carried out an activity which yield a profit of N10 000. This amount is to be transferred to the?
A
debit side of its profit and loss account
B
credit side of its profit and loss account
C
debit side of its income and expenditure account
D
credit side of its income and expenditure account
correct option: d
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