Which of the Following is an expense. Closing Stock Telephone Sales Purchases

Which of the Following is not a Gain. Commission Recieved Rent Recieved Rent Paid Interest Received

Which of the following is found in your trading account. Sales Returns Expenses Net Profit Gains

How do you calculate Gross Profit. Sales – Sales Returns Purchases - Expenses Gains - Expenses Sales – Cost of Sales

Which of the following is the Opening Stock for the company. 28,000 01/01/2011 10,000 31/12/2011 40,000 01/06/2011 6000 01/09/2011

A tax on goods being imported from outside the country Is called. V.A.T Import Duty Corporation Tax Type Answer

How do you calculate Net Profit. Gross Profit - Expenses Gross Profit - Sales Sales – Opening Stock Purchases – Purchases Returns

What is Stoctaking. Taking Stock Burning Stock Counting Stock Destroying Stock

What is discount allowed . Buyer gets a discount No one gets a discount Seller gets a discount The Business gets a discount

Which of the following do you not need to calculate the Net Profit. Gross Profit Rent Recieved Dividends Bad Debts

Where is Revenue Expenditure Included Trading Account Balance Sheet Profit and Loss Account Cost of Sales

Type your question here. Type Answer Type Answer Type Answer Type Answer

Which of the Following is Current Expenditure Machinery Rent Premises Opening Stok

What do you need to find Gross Profit Mark up. Cost of Sales Sales Net Profit Expenses

Which of the following is not found in Cost of Sales. Carriage Out Carriage In Import Duty Purchases Returns