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JAMB Accounting 2012 Objective — Question 43

Question 43 of 50 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2012 Objective paper, with the correct answer and a full explanation.

Investment at cost of a company is to be disclosed under

A. trading accounts
B. profit and loss account
C. balance sheetCorrect
D. source and application of fund

Explanation

Investment at cost of a company is to be disclosed under the balance sheet.

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