\(\begin{array}{c|c} & N \\ \hline sales & 45,000...
Use the following to answer the given question
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \text{Closing sock} & 30,000 \\ Expenses & 15,000 \\ \text{Fixed assets} & 40,000 \\ Debtors & 10,000 \\ Creditors & 5,000 \\ Purchases & 25,000 \end{array}\)
The cost of goods sold is
N45,000
N30,000
N25,000
N20,000
N15,000
Correct answer is E
No explanation has been provided for this answer.
A balance of N102 on waged account was transferred as N120. This is error of ...
The accounting method that reports incomes when earned and expenses when incurred is called? ...
Given: Opening cash balance N20,000 Sales of match tickets N15,000 Clearing of pitch N1,200 Refr...
Using LIFO method of stock valuation, analyze the issue quantities and their prices ...
Abba offers 5% cash discount on goods worth N10,000, The discount allowed account is to be? ...
The person who is responsible for the formation of a company is called the ...