Commerce Questions
Question 96:
Use this information to answer this question. Below is the trading, profit and loss Account particulars of Amadi peterside and Brothers for the year ended 31st December 1986.<br/>Opening stock = 1000<br/>Purchases = 7000<br/>Sales = 8000<br/>Closing stock = 3000<br/>Trading expenses = 1400<br/>From the figures given, calculate Net profit
View Answer & ExplanationQuestion 97:
Use this information to answer this question. Below is the trading, profit and loss Account particulars of Amadi peterside and Brothers for the year ended 31st December 1986.<br/>Opening stock = 1000<br/>Purchases = 7000<br/>Sales = 8000<br/>Closing stock = 3000<br/>Trading expenses = 1400<br/>From the figures given, calculate Percentage of net profit to turnover
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