In dealing with incomplete record, fixed assets are posted to___________- - SchoolNGR

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In dealing with incomplete record, fixed assets are posted to___________-

In dealing with incomplete record, fixed assets are posted to___________-

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Profit and loss account as brought forward figure
B Closing balance sheet as carried forward figure
C Closing balance sheet as brought forward figure
D Profit and loss as carried forward figure

Correct Answer: Option C

Explanation:
fixed asset are brought forward in closing balance sheet

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