Use the following information to answer the given questio...
Use the following information to answer the given questions
\(\begin{array}{c|c} & N \\ \hline Debtors & 30,000 \\ Creditor & 20,000 \\ \text{Opening stock} & 15,000 \\ \text{Closing stock} & 18,000\\ Wages & 3,000 \\ Salaries & 10,000 \\ Purchases & 30,000 \\ Sales & 60,000\end{array}\)
The net profit percentage is
100%
67%
50%
33%
17%
Correct answer is D
No explanation has been provided for this answer.
Capital reserves includes the following except ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
Tunde purchased goods from Femi by cash worth N1000 with 10% cash discount. Tunde's ledger contr...
The use of a three-column cash book is determine by? ...
Which of the following is not true of revenue expenditure? i. It is incurred in one period of...
Use the following information to answer the given question: \(\begin{array}{c|c} & N \\ \hl...