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Jamb 2012 Accounts - Principles of Accounts Past QuestionsQuestion 46:The 5% discount shown above indicates A. Trade discount B. Cash discount C. Discount allowed D. Discount received Question 47:Use the information above to answer the question Find the gross profit. A. N370,000 B. N230,000 C. N150,000 D. N140,000 Question 48:Use the information above to answer the question Calculate the net profit. A. N35,000 B. N40,000 C. N105,000 D. N115,000 |
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