Sales N20,000
Cost sales N10,000
Operating ...
Sales N20,000
Cost sales N10,000
Operating expenses N2,500
Expenses prepaid included
in operating expenses N500
Calculate the net profit?
N12,500
N10,000
N8,000
N7,500
Correct answer is C
No explanation has been provided for this answer.
The undistributed profits of a limited liability company is ...
One of the major features of bookkeeping is that it? ...
The ordinary shareholders enjoy the following right except the right to ...
Keme and Kemi are in partnership sharing profit and losses in the ratio 3:2. Capital - Keme.........
Sales - #232,000 Opening stock - # 28,000 Purchases - #128,000 Carriage inwards - # 4,000 Carria...
Receipts and payments accounts is the summary of ...
When a transaction causes an assets account to increase, there is ...