The concept applied in calculating the stock figure to be included in the balance sheet at the year end is Posted on:
A company made a net profit of ₦2,000,000 for the year and its ne t profit percentage is 25%. What is the total sales for the year? Posted on:
The accounting concept which states that expenditure involving insignificant amounts should be regarded as expenses and not assets is Posted on:
The accounting ratio used to measure the average number of days for which suppliers remain unpaid is Posted on: