\(\begin{array}{c|c} & N \\ \hline \text{Sales} &...
Use the following information to answer the given question
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ \text{Return inward} & 150 \\ \text{Rent} & 2,000 \\ \text{Salaries} & 1,000 \\ \text{Discount received} & 400\\ \text{Closing stock} & 250 \\ \text{Opening stock} & 100\end{array}\)
Gross profit is
N10,350
N10,200
N9,500
N9,100
Correct answer is D
No explanation has been provided for this answer.
The addition of prime cost and factory overhead is ...
Net profit of a sole proprietor is transferred to the ...
A balance of N102 on waged account was transferred as N120. This is error of ...
Capital.....................N? Profit and loss.............N3500 Current assets..............N? C...
Which of the following is a debit item in the purchases ledger control account? ...