by Sunday | Dec 5 | Accounting JAMB
Capital…………………N? Profit and loss………….N3500 Current assets…………..N? Current liabilities………N2000 fixed assets…………….N11000 A. N7 000...
by Sunday | Dec 5 | Accounting JAMB
Capital…………………N? Profit and loss………….N3500 Current assets…………..N? Current liabilities………N2000 fixed assets…………….N11000 The company...
by Sunday | Dec 5 | Accounting JAMB
A. weighted average method B. simple average method C. FIFO method D. LIFO method Correct Answer: Option C – FIFO method
by Sunday | Dec 5 | Accounting JAMB
A. cost of goods sold B. gross profit C. manufacturing profit D. net profit Correct Answer: Option B – gross profit
by Sunday | Dec 5 | Accounting JAMB
A. credit purchases B. net profit C. total purchases D. gross profit Correct Answer: Option A – credit purchases