An article cost N1,800 and is sold at a gross profit of 2...
An article cost N1,800 and is sold at a gross profit of 20% on selling price. What is the selling price?
₦2,250
₦2,160
₦1,800
₦1,440
Correct answer is B
No explanation has been provided for this answer.
Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS ...
One of the the differences between bookkeeping and accounting is that the former ...
Profits are recognised when goods are sold. What concept is this? ...
Yahya's bank account shows a credit balance of N1500,000. He paid N1700,000 into the bank. What...
The entry in the partnership books of accounts for interest on drawings is to? ...
\(\begin{array}{c|c} \text{Branch stock account (at selling price)} & D346,000 - debit \\ \text{...
What is the consolidated revenue fund balance? ...
The document used in government accounting to shoe evidence of cash receipt and payments is the ...
In a non-profit making organisation, the excess of Assets over liabilities equals ...