A business includes 50% mark-up on all its products. This...
A business includes 50% mark-up on all its products. This would mean margin of
66 2/3%
66 1/3%
33 2/3%
33 1/3%
Correct answer is D
No explanation has been provided for this answer.
In which of the following books will trade discount be recorded? ...
A list of balance extracted from the ledger is known as ...
The main advantage of a departmental account is that its ...
Advertising expenses incurred on a product in a business organization should be charged to? ...
Why are adjustments in the profit and loss account necessary? ...
A fixed amount of money set aside for petty expenses is ...
When discount is allowed, the accounting entry is debit Discount allowed and credit ...
Return inwards was understated. The effect is that ...
The expenses incurred in purchasing a vehicle is a ...
A pension granted to any past president or vice-president shall be charged to the? ...