Which of the following is correct about cost of goods sol...
Which of the following is correct about cost of goods sold?
opening stock + purchases - closing stock
opening stock + sales + closing stock
openig stock - purchases - closing stock
opening stock + sales + closing stock
Correct answer is A
No explanation has been provided for this answer.
\(\begin{array}{c|c} & \text{1/6/2011} & \text{30/5/2012}\\ & D & D \\ \hline \text{...
An account is said to have a debit balance because ...
Sales - #232,000 Opening stock - # 28,000 Purchases - #128,000 Carriage inwards - # 4,000 Carria...
A private limited company is that which i. restricts the right to transfer its share. ...
Tale LTd. has 100,000 ordinary shares of ₦1 each and 60,000 5% preference shares of ₦1 each. Bot...