A company has two departments X and Y. Y transferred good...
A company has two departments X and Y. Y transferred goods to X at a profit margin of 25%. N10,000 worth of goods was not sold at the end of the accounting period.
How much is the unrealized profit?
N2,000
N2,500
N12,000
N12,500
Correct answer is A
No explanation has been provided for this answer.
Use the following information to answer given question \(\begin{array}{c|c} & ₦ \\ \hline \...
The total cash and cheques received from customers in a control account is derived from the ...
The financial statement which is an expression of the accounting equation is the ...
The power to appoint the Auditor General of the Federation is vested in the ...
Subscriptions received in advance are ...
The ratio which measures the solvency of a firm is the ...
In a non-profit oriented organization, the excess of income over expenditure is ...