\(\begin{array}{c|c} & N \\ \hline \text{Sales} &...
Use the following information to answer the given question
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ \text{Return inward} & 150 \\ \text{Rent} & 2,000 \\ \text{Salaries} & 1,000 \\ \text{Discount received} & 400\\ \text{Closing stock} & 250 \\ \text{Opening stock} & 100\end{array}\)
Net sales is
N15,000
N14,750
N14,600
N14,450
Correct answer is D
No explanation has been provided for this answer.
The most important reason for studying accounting is that ...
Cash can be drawn from the bank using ...
Which of the following is not a petty cash book item? purchase of ...
Commission received is entered on the ...
The amount for which a business is sold is that ...
When a proprietor withdraws cash from the business for private use, he ...
Purchase account is overcast by ₦200, while wages account is undercast by ₦200. This is ...