Home » Accounts (Principles of Accounts) » Profit expressed as a fraction of the selling price is known asProfit expressed as a fraction of the selling price is known as Profit expressed as a fraction of the selling price is known as A. mark-up B. margin C. gross profit D. net profit Correct Answer: Option B Explanation Related Posts Payment is shown in the Balance Sheet as In dealing with incomplete record, fixed assets are posted to__- Use the following information to answer this question A business whose assets consisted of stock… Use the information below to answer question Palaju Enterprises had fixed assets costing N900,000 with… which of the following is not an Appropriation account item for a company? In the preparation of account, the owners of the business and the business concerned are…
Use the information below to answer question Palaju Enterprises had fixed assets costing N900,000 with…
