Which of the following is a credit item in creditors ledg...
Which of the following is a credit item in creditors ledger control account?
Purchases returns
Bills payable
Purchases
Cash receipts
Correct answer is C
No explanation has been provided for this answer.
i. Operating machines ii. Furniture iii. Fixtures and fitting iv. Loan from friends V. Creditors...
Trading account for the year ended 31st December 2009 ₦ ₦ Opening...
Given: Net profit b/d.....................N10,000 Interest on capital:...M...........N2,000 ......
If the gross profit margin is 10% of sales, what is the value of the cost of goods sold? ...