Use the following information to answer the given questio...
Use the following information to answer the given question
NStock of raw materials - 1st January, 2002460,000Purchases of raw materials1,000,000Carriage inwards100,000Stock of raw materials - 31st December, 2002500,000Royal paid35,000Manufacturing wages80,000Supervisor's salary15,000
The prime cost is
N1,175,000
N1,140,000
N1,075,000
N1,060,000
Correct answer is A
No explanation has been provided for this answer.
Where a proprietor withdraws cash from bank for office use, the entries would be ...
Given: ..............Rich Social Club........... Cash.........................N100,000 Loan ........
Use the following information to answer the given question, \(\begin{array}{c|c} & N\\ \hli...
One of the benefits of book-keeping records is that they? ...
\(\begin{array}{c|c} & & ₦\\ \hline \text{Raw materials} & \text{stock 1/1/2000} &...
Investment at cost of a company is to be disclosed under ...