A. value of party finished goods B. value of finished goods sold C. sales less cost of goods sold D.…
A. prime cost B. indirect cost C. total cost D. direct cost Correct Answer: Option B - indirect cost
A. party manufactured goods B. overhead cost C. total factory expenses D. prime cost Correct Answer: Option D - prime…
Incomplete Record (Extract) Sales......................................N10,600 Rent...........................N200 Depreciation of vehicle (cost N5000) 10% Gross profit margin is 20% A. N1 620 B.…
Use the information below to answer question Incomplete Record (Extract) Sales......................................N10,600 Rent...........................N200 Depreciation of vehicle (cost N5000) 10% Gross profit…
A. recording all the business transactions of the enterprise B. Keeping records of all direct deposit in the bank account…
A. prepayment B. expenses C. plant D. income Correct Answer: Option C - plant
Use the information above to answer the question July 30 Closing stock 100 units at N90 July 8 Purchased 200…
Use the information above to answer the question July 30 Closing stock 100 units at N90 July 8 Purchased 200…
A. returns outwards B. caarriage on sales C. sales D. purchases Correct Answer: Option C - sales