1/5/07 Purchased 100 bags of milk at #10.00k each
...
1/5/07 Purchased 100 bags of milk at #10.00k each
3/5/07 Purchased 60 bags of milk at #11.50k each
15/5/07 Issued 85 bags of milk
15/5/07 Purchased 180 bags of milk at #12.80K each
22/5/07 Issued 145 bags of milk.
Using FIFO method, what would be the value of stock as at 9/5/07?
#862.50
#840.00
#806.25
#750.00
Correct answer is D
No explanation has been provided for this answer.
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...
Net turnover is referred to as ...
In a three-column cash book, dishonored cheques will be shown on the ...
A business is treated as being separated from owners. This statement is emphasized by ...
Which of these is the subsidiary book for return inwards? ...
Advertising expenses incurred on a product in a business organization should be charged to? ...