A manufacturing company's cost of production was D 20...
A manufacturing company's cost of production was D 200,000. The finished goods were transferred to the warehouse at D 220,000. At the end of the year, 9% of these goods were still in stock.
The value of the closing stock of finished goods that would be shown in the balance sheet is
D37,800
D20,000
D19,800
D18,000
Correct answer is C
No explanation has been provided for this answer.
The imprest of a petty cashier is N2450 Expenses on Printing 420 Cleaning 250 Stamp and postage 1...
Given: PTF Trial Balance [Extract] as at 31 December, 1999 Dr Cr N'000 N '000 Cash 2,0...
Which of the following is found in a receipts and payments account? ...
Under which of the following conditions is a partnership dissolved? ...
In departmental accounts, rent is appointed on the basis of ...
In the preparation of bank reconciliation statement cheque are ...