A trader adds 25% on cost as profit. The profit on sales ...
A trader adds 25% on cost as profit. The profit on sales of $300,000 would be
$75,000
$60,000
$50,000
$20,000
Correct answer is A
No explanation has been provided for this answer.
In dealing with incomplete records, fixed assets are posted to? ...
Miscellaneous expense is 10% of revenue Calculate the net income. ...
Four broad classifications of overheads are? ...
The undistributed profits of a limited liability company is ...
Assets acquired is recorded by debiting _______? ...
A discount that is allowed to encourage a debtor to pay off his debt within a period is the ...