Given that 1/3 of the N6000 stock held by a branch is purchased from outsiders. If goods are invoiced to branch at 25% on cost, the provision for unrealized profit is?

Similar Questions

An asset was bought on 1st January, 1992 for N20,000. Depreciation was provided for annually at 20% ...

The cash realized from the sale of asset on dissolution of partnership is ...

Which of the following errors are errors of commission? I. A cheque paid to Adam debited to Adam...

On January 1/2005, a machine was bought for N56,000 to last for five years with a residual value of ...

A share is under-subscribed when ...

Goodwill can be valued in partnership when? ...

Abba offers 5% cash discount on goods worth N10,000, The discount allowed account is to be? ...

Net turnover is referred to as ...

Which of the following is not charged to the manufacturing account? ...

Which of the following entries is effected by a department when goods are charged to it at selling p...