T. Trader sets aside from his private funds n1,500 for business purposes. The N1.500 would be referred to as

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The bank column in the cash book shows a credit balance of N180. This means

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What is the total debts at the beginning of the year?

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What is the total cash received from customers?

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What is the net sales for the year?

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What is the total debts at the end of the year?

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What is the amount charged in the profit and loss account?

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Calculate the percentage of net profit on sales

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What is the turn-over for he year?

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The gross profit for the year for the year is

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What is the stock turn-over rate?

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The purchases for the year is

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