Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 19 Which of the following should not be called 'Sales'? A. Office fixtures sold. B. Goods sold on credit. C. Goods sold on

image text in transcribed

QUESTION 19 Which of the following should not be called 'Sales'? A. Office fixtures sold. B. Goods sold on credit. C. Goods sold on cash. D. None of the above. A. B. QUESTION 20 Net profit is calculated in the Trading account Trial balance C. Profit and loss account D. Balance sheet

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

Frank Woods Business Accounting Volume 1

Authors: Alan Sangster, Frank Wood

13th Edition

1292084669, 9781292084664

More Books

Students also viewed these Accounting questions

Question

Describe six general characteristics of William Jamess philosophy.

Answered: 1 week ago

Question

Do you think the situation can be resolved in this manner?

Answered: 1 week ago

Question

Can confl icts be prevented?

Answered: 1 week ago

Question

Explain how confl icts can be resolved.

Answered: 1 week ago