Use the following to answer the given question
...
Use the following to answer the given question
Nsales45,000Opening stock20,000Closing sock30,000Expenses15,000Fixed assets40,000Debtors10,000Creditors5,000Purchases25,000
Net profit percentage is
100%
67%
50%
33%
22%
Correct answer is D
No explanation has been provided for this answer.
Given: ..............Rich Social Club........... Cash.........................N100,000 Loan ........
Which of the following is not a cause discrepancy between cash book and bank statement balances? ...
A charitable club has the following figures: N Subscriptions received in 1991 2 800 Subscr...
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
The net book value of the asset at 31/12/19 is ...
i Operating machines ii Furniture iii Fixtures and fitting iv Loan from friends V Creditors W...
The term bad debts means debts ...
How much selling and distribution expenses is apportioned to department M? ...
In a not-for-profit making organization, the cash book is summarized in the form of ...