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

One of the items listed below will not be found in a company’s memorandum and article of assoc...

An excess of the value of the assets over the purchases consideration for acquisition of business is...

The major distinguishing element between the final accounts of a partnership and a sole trader is th...

Sales--------------- 120,000 Purchase-----------100,000 Opening stock-----10,000 Closing stock---...

A document which acknowledge that a company owes a person a stated sum of money with an agreement to...

In a sales ledger, contra entry is found on the? ...

The following transactions relate to Osei Enterprises for the year ended 31st December 2020. ...

Gross profit b/d Less: Salaries and wages         ...

Use the following information to answer the given question:   SALES LEDGER CONTROL ACCOUN...

Which of the following accounts are treated in the nominal ledger?  i. wages  ii. discou...