- This topic has 1 reply, 2 voices, and was last updated 13 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
can someone solve this ques:
— X has a financial year end of 31 Dec. On 8 July 20×6,flooding destroyed some of accounting records of the company. The accounting staff were able to determine from the undamaged records that, from 31 Dec 20×5 until 8 July 20×6 :
(1) inventories increased by $ 22,500
(2) sales revenues were $ 276,500
(3) the profit mark-up on goods sold was a uniform 25 %.
What were the purchases for the period from 31 Dec 20×5 to 8 July 20×6 ?
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.