Net turnover is referred to as
...Net turnover is referred to as
Purchases
Assets
Sales
Profits
Correct answer is C
net turnover - is turnover before VAT and after trade discounts have been deducted. A company may use net turnover to measure the total volume of sales
In the absence of a sales day book or sales account the credit for sales can be computed from ...
In preparing accounting records, the owners of a business and the business are treated as ...
What is the balance carried down? ...
GH⊄ Sales 200000 Purchase 170000 ...
A suspense account is used in the ...
N Direct material used-----------------64,000 Direct labour------------...