Use the following information to answer the given...
Use the following information to answer the given question:
\(\begin{array}{c|c} \text{Date of delivery} & customer & \text{Gross amount N} & \text{Trade discount %} & \text{Cash Discount %} & \text{Terms of payment} \\ \hline \text{4/1/86} & \text{Mr. A.F.P} & 12,000 & 15 & 10 & \text{30 days of delivery}
\end{array}\)
The amount of discount in the ledger is
N10,200
N2,820
N1,800
N1,200
N1,020
Correct answer is B
No explanation has been provided for this answer.
Goods returned to branch by customers is recorded in the head office books be debiting? ...
In a bank reconciliation statement, Dishonoured cheques is added to ...
Use the following information to answer the given question \(\begin{array}{c|c} & D\\ \hlin...
In a situation of incomplete records, profit is determined as ...
Use the following information to answer the given question Kudi Local Government Council incurred...