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The excess of sales over cost of goods sold is
Classroom
Accounts - Principles of Accounts Classroom
Jamb
Jamb 2014
The Final Accounts Of A Sole Trader
Income Statement (Trading And Profit And Loss Account)
More Topics
The excess of sales over cost of goods sold is
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Gross sales
B
Gross profit
C
Net profit
D
Net sales
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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Accounts - Principles of Accounts
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