Calculate the value of the unused stock?

Calculate the value of the unused stock?

Opening stock 1800 Purchases 2800 Sales 800 Closing stock 800 Carriage on sale 500 A. N320 B. N350 C. N500 D. N800 Correct Answer: Option D – N800 Explanation Closing stock for the year of an accounting period is also regarded as unused...
Calculate the value of the unused stock?

The principle of subrogation stated that?

A. An insured person should be indemnified to the time of the amount insured B. An insurance company constant in lace of the insured in dealing with a third party. C. Only a person who is likely to suffer loss hold take out an insurance cover D. There must be accused...
Calculate the value of the unused stock?

The term 4 net 7 on an invoice means that?

  A. 4% surcharge will be made unless payment is made within seven days B. 4% discount will be allowed on the price charged only if the good are bought within seven days C. 4% discount will be allowed on the price charge if payment is made after seven days D. 4%...

Copyright warnings! Do not copy.