The total of the creditors at the beginning of the year w...
The total of the creditors at the beginning of the year was N4,600 and at the end of the year N5,250. During the year, N26,500 was paid to suppliers and N130 was received in discounts from these suppliers. The purchases for the year would be
N26,630
N27,038
N27,150
N27,280
Correct answer is A
No explanation has been provided for this answer.
The term fiscal compliance means ...
When a bill is negotiated to a bank, it is said be? ...
In a departmental account, the expenses to be apportioned on the basis of turnover is ...
In a manufacturing company, the total cost of goods produced is equivalent to? ...
Which of the following are impersonal accounts ? I. Investment II. Creditors III. Premises IV. D...
The main advantage of a departmental account is that its ...
Trading Account (Extract) .................N.............................N...... Opening stock.....
One of the components of factory overhead is............ ...