Current tax liabilities (CTL) can be found in a balance sheet or statement of financial position under the current-liabilities section....
A sales ledger (SL) is a type of principal book. It is one of the books within the main books...
MTN Nigeria has launched 575 million ordinary shares. The shares are mainly for retail investors. The company wishes to use...
Accounts payable arise from owing outsiders a certain amount of money. Creditors are called "AP." It was due to the...
The primary importance of ledger books in an entity is to keep records of business transactions or events permanently. But...
MRS Oil working capital, "WC" is computed from its 2020 financial statement (FS). The company was able to maintain its...
This is one of the series of articles on working capital computation for oil and gas companies. Here, I will...
It is in the ledger book the double-entry of a transaction is posted. Also, the ledger is one of the...
Deferred tax arises as a result of a taxable temporary difference between accounting profit and taxable profit. It is a...
The balance sheet or the statement of financial position can be prepared using the accounting equation. I have discussed these...