Bosun bought goods worth N500 and sold it at a margin of 20% on selling price. For how much did he sell the goods?

Similar Questions

The accounting concept which allows the use of a particular method for treating a transaction for a ...

The cost of goods sold at N32,000. The gross profit is 25% on cost. Returns inward amounts to N2,000...

The capital sum which represents the difference between he asset and liabilities of a society or clu...

Use the following information to answer the question given \(\begin{array}{c|c} \text{Jan. 1} &...

Net loss.......................N2300 Capital........................N10500 Liabilities...............

The basis of accounting for public sector is ...

Given: PTF Trial Balance [Extract] as at 31 December, 1999 Dr Cr N'000 N '000 Cash 2,0...

Which of the following branches of accounting was first developed? ...

         ₦ Balance as per cash...

Trading account for the year ended 31st December 2009 ₦ ₦ Opening...