The following appears in the trading account except
...The following appears in the trading account except
Carriage inward
Opening stock
Carriage outward
Sales
Correct answer is C
Carriage outward is an expenses and it does not appear in the trading account but appears in the profit and loss account.
Acid test ratio of a firm measures the ...
Which of the following is not part of cost of production? ...
₦ Manufacturing wages 42000 ...
The excess of current assets over current liabilities is ...
The value of the owner's equity is ...
Goods worth N300 was transferred from department Q to P Similarly, P's total expenses for the pe...
The accounting concept which is the basis upon which assets of a business are valued is the ...