Given:
Stock (1/4/94) N800
Purchases ...
Given:
Stock (1/4/94) N800
Purchases of flour N2450
Sales N4745
Wages of bakery staff N675
Carriage outwards N50
Salary of administrative staff N225
Stock (31/3/95) N940
Capital N1540
Determine the cost of goods sold?
N2575
N2985
N3250
N3925
Correct answer is B
No explanation has been provided for this answer.
Gross profit b/d Less: Salaries and wages  ...
Given: Fixed assets N85,600 Sales N197,000 Stock N34,300 Salaries N37,000 Purchases N127,700 S...
Profit expressed as a fraction of the selling price is known as ...
The control account is used in facilitating? ...