The following represent extracts from the trading account of a retail outlet for a given month:
Opening stock N2,400
Closing stock N6,400
Other expenses N2,000
Sales N11,000
Profit N900
What is the purchase figure for the month?

Similar Questions

Direct material + direct expenses is ...

Sundry debtors in the balance sheet of Onoja Bakery and Sons totaled N800,000. A provision for bad a...

A motor vehicle bought for N16,000 was estimated to have a useful life span of 4 years and a scrap o...

The double principle of accounting was developed by? ...

The major source document which enables an employer to calculate the employee wages is the ...

Five hundred naira monthly is allowed on an imprest system. The following transactions took place. ...

Use the following information to answer the given question. \(\begin{array}{c|c} & & N ...

Sundry debtor..................N20,000 Provision for bad debts........N500 Provision for bad deb...

A club received rent N10,000 and donation of N30,000. it paid N6,000 for entertainment and is still ...

Which of the following are advantages of departmental accounts? I. The department making the highes...