\(\begin{array}{c|c} & N \\ \hline sales & 45,000...
Nsales45,000Opening stock20,000Closing sock30,000Expenses15,000Fixed assets40,000Debtors10,000Creditors5,000Purchases25,000
Gross profit percentage is
100%
67%
50%
33%
22%
Correct answer is B
No explanation has been provided for this answer.
Where the head office maintains all books of account, goods sent to branch is credited to ...
Gross profit b/d Less: Salaries and wages ...
The summary of receipts and payments account represent? ...
Use the following information to answer the given question \(\begin{array}{c|c} & N\\ \text...
The sales day book will show goods sold ...
Which of the following is accounted for in receipts and payment account? ...
When a customer's cheque is returned unpaid in a debtor's control accounting system, the tre...