Accounts questions | form three Basic Mathematics
(4127) Question Category: Mathematical Calculation Give short description of the following terms
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(4128) Question Category: Mathematical Calculation In July 1st 2010 Mr. Mabuba started business with capital in cash 10, 000,000/=. in July 3 purchased goods for cahs 2,500,000/= 4 sold goods for cash 5,000,000/= 7 purchased goods for cash 1,800,000/= 11 bought goods for cash 2,350,000/= 16 Paid cahs for rent 1,110,000/= 27 paid cash for wages 550,000/= 29 sold goods for cash 3,100,000/= NB: Stock in hand at 31 July 2010 was 400,000/= Prepare Trading, Profit and Loss Account.
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(4246) Question Category: Mathematical Calculation Mwanne commenced business on 1st April , 2015 with capital in cash 200,000/= April 2 bought goods for cash 100,000/=. 3 bought goods for cash 300,000/= 4 purchased shelves for cash 230,000/= 5 sold goods for cash 400,000/= 9 paid wages for cash 50,000/= 12 purchased goods for cash 70,000/= 13 sold goods for cash 600,000/= 16 paid rent for cash 100,000/= 20 bought goods for cash 60,000/= 25 sold goods for cash 300,000/= 27 paid salary for cash 70,000/= Prepare the following
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(4247) Question Category: Mathematical Calculation
january 2 purchased goods for cash 1,400,000/= 3 sold goods for cash 1,000,000/= 6 Purchased goods for cash 600,000/= 15 paid rent for cash 220,000/= 26 Paid wages for cash 220,000/= 15 Sold goods for cash 620,000/= Prepare:
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(4248) Question Category: Mathematical Calculation Given: Opening stock 01-01-201234,430/= Closing stock 31-12-201226,720/= Net purchases during 2012212,290/= Expenses for the year45,880/= Gross Profit is 50% of cost of goods sold Find: (i) Cost of goods sold(ii) The gross profit Answer / Solution UNSOLVED |
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