Which method of pricing can be used satisfactorily in eit...
Which method of pricing can be used satisfactorily in either rising or falling price situation?
Market price
Average method
FIFO
Standard price
Correct answer is B
An average method which accommodate all the prices and then divide (inform of mean) is well acceptable in either of the two situation.
The difference between book keeping and accounting is that while ...
Given: i. The memorandum of association of the company ii. The article of associ...
\(\begin{array}{c|c} & Le\\ \hline \text{Construction and hospital wards} & 300,000\\ \text{...
The major feature of a journal is that it has ...
Partners' salaries and drawings are usually posted to the ...
An amount of Le2000 received from a customer, Koffi has been credited to another customer, Kofigo...
Trading Account (Extract) .................N.............................N...... Opening stock.....