Offei, a petty trader sold goods for GH¢36,240. The gross profit being 33 1 3 13 % on cost. What was the cost price?

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Use the following information to answer this question – The total purchases is

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Use the following information to answer this question – The credit purchases is

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Partly manufactured goods are treated in the balance sheet of a manufacturing company as

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Which of the following expenses constitutes prime cost?

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The total costs of the computers is

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The depreciable value of computers is

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Which of the following would result from an increase in the provision for doubtful debts?

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The balance sheet as at 31st December 2014 will show

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Rent for 2014 chargeable to the profit and loss account is

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The excess of cost of goods sold over net sales is

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The balance sheet is prepared to reveal

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