Question
17.ABC traders has the sales of RO 56,500, sales returns and allowances of RO 1,400 and sales discount of RO 500. Calculate the amount of
17.ABC traders has the sales of RO 56,500, sales returns and allowances of RO 1,400 and sales discount of RO 500. Calculate the amount of Net sales made by the business. a.RO 54,600 b.RO 57,400 c.RO 58,400 d.RO 56,500
19. Which of the following feature/s related to FOB shipping point under shipping terms, except?
a.Seller is responsible for filing claims for loss or damage. b.Title and control of the goods the moment the carrier signs the bill of lading with the buyer c.Buyer is responsible for filing claims for loss or damage d.Buyer assumes risk of transportation and is entitled to route the shipment
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Financial Statement Analysis And Earnings Forecasting In Accounting
Authors: Steven J Monahan
1st Edition
1680834509, 978-1680834505
