The excess of the market value of goods produced over the...
The excess of the market value of goods produced over the cost of production is
Profit on manufacturing
Net profit
Goodwill
Gross profit
Correct answer is A
No explanation has been provided for this answer.
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Use the following information to answer the given question \(\begin{array}{c|c} & D\\ \hlin...
Sales N20,000 Cost sales N10,000 Operating expenses N2,500 Expenses prepaid included in op...
In single entry and incomplete records, the net assets method used to ascertain profit is ...
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Subscription prepared by members is recorded in the balance sheet of a club as a ...