Use the information below to answer question Ez... - JAMB Accounting 2003 Question
Use the information below to answer question.
Ezekiel Malgwi is a retailer. He recorded sales representing 95% cash and 5% credit. He took the total cash sales of N19000 from the business tray and banked it.
The credit sales for the period would be?
Ezekiel Malgwi is a retailer. He recorded sales representing 95% cash and 5% credit. He took the total cash sales of N19000 from the business tray and banked it.
The credit sales for the period would be?
A
N5000
B
N1900
C
N1000
D
N950
correct option: c
Please share this, thanks:
Add your answer
No responses