Raw materials inventory at the beginning of a period was ...
Raw materials inventory at the beginning of a period was N46,800 and at the close of the period there was a balance of N38,600. From the purchases made during the period, defective materials costing N9,200 were returned. Cost of materials consumed during the period was N448,500.
What was the total purchases made during the period?
N497,100
N457,700
N449,500
N440,300
Correct answer is C
No explanation has been provided for this answer.
$ Cash book balance (credit) 750 Uncredited chequ...
\(\begin{array}{c|c} & \text{1/6/2011} & \text{30/5/2012}\\ & D & D \\ \hline \text{...
The part of equity which is payable on winding up is called? ...
The account which refers to the tangible assets of a company that is of permanent nature is the ...
\(\begin{array}{c|c} & Ade(N) & Bola(N) \\ \hline Capital & 40,000 & 30,000 \\ \hlin...