Answers calculate the net profit. N sales 20,000 cost of sales 10,000 operating expenses 2,500 expenses prepaid included in operating expenses 500… Read More
Answers what will be the price earnings ratio of the company? Tanko Ltd had Earnings per share 47k Dividends per share 30k Per value of each share N1.20 market… Read More
Answers A cash book had a opening balance of N15,200, closing balance of N18,400 and total… A cash book had a opening balance of N15,200, closing balance of N18,400 and total cash received during… Read More
Answers The N6,000 subscription received is? subscription received during the year N30,000. Subscription owed last year N4,000. subscription received for next year N6,000. use… Read More
Answers what is the subscription to be charged to income and expenditure account? subscription received during the year N30,000. Subscription owed last year N4,000. subscription received for next year N6,000. use… Read More
Answers A club received rent N10,000 and donation of N30,000. it paid N6,000 for entertainment and… A club received rent N10,000 and donation of N30,000. it paid N6,000 for entertainment and is still owing… Read More
Answers calculate the sales ledger balance N Purchase ledger opening balance 4,000 sales ledger opening balance 6,000 credit purchase 25,000 Discounts allowed 1,000… Read More
Answers from the data above, compute the prime cost. N Direct material 2,500 Direct labour 5,000 Direct expenses 1,000 Overhead expenses 1,500 use the information contained… Read More
Answers The control account is used in facilitating? The control account is used in facilitating? A. the various location of errors in the various accounts B.… Read More
Answers The value of the current assets will be? The value of the current assets will be? A. N10,361 B. N10,651 C. N17,396 D. N17,848 Correct Answer:… Read More