Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Making Accountability Work Dilemmas For Evaluation And For Audit

Authors: Marie-Louise Bemelmans-Videc, Jeremy Lonsdale, Burt Perrin

1st Edition

1412865557, 978-1412865555

More Books

Students also viewed these Accounting questions

Question

Declare an int variable named degreescelsius. 1 Enter your code

Answered: 1 week ago

Question

State and briefly discuss three problems with resource use.

Answered: 1 week ago

Question

What is Accounting?

Answered: 1 week ago

Question

Define organisation chart

Answered: 1 week ago

Question

What are the advantages of planning ?

Answered: 1 week ago

Question

Explain the factors that determine the degree of decentralisation

Answered: 1 week ago

Question

6. Identify seven types of hidden histories.

Answered: 1 week ago

Question

What is human nature?

Answered: 1 week ago