A. selling price B. Akure price C. company price D. Lagos price Correct Answer: Option C - company price
Given: (i) Cost price (ii) Selling price (iii) Cost plus fixed percentage (iv) Price above cost and selling price A.…
A. record transactions for each department for betterdocumentation B. tackle any recording problem as a result of expansion C. continuously…
Given: Subscription in arrears 01/10/06...........N2 000 Subscription in advance 01/10/06...........N1 500 Subscription paid during the year..........N7 000 Subscription in arrears…
A. debtors B. creditors C. prepayment D. depreciation Correct Answer: Option C - prepayment
Use the information below to answer the question. Stock of material 1/1..............N10 000 Purchase of raw material...........N160 000 Manufacturing wages................N420…
Use the information below to answer the question. Stock of material 1/1..............N10 000 Purchase of raw material...........N160 000 Manufacturing wages................N420…
The floor space occupied by manufacturing and administration departments in a company is 200 sqm and 300 sqm respectively. N20…
Use the information below to answer the question. .........................31 Dec. 05........31 Dec. 06 Total fixed assets.........N7 800............N6 600 Total current…
Use the information below to answer the question. .........................31 Dec. 05........31 Dec. 06 Total fixed assets.........N7 800............N6 600 Total current…