Trusted by millions of Kenyans
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

The following balances were obtained from the books of Rah traders Opening stock 50,000 Sales 360,000 Gross...

The following balances were obtained from the books of Rah traders
Opening stock 50,000
Sales 360,000
Gross profit 25% of sales
Closing stock 70,000
Calculate
a) Cost of goods
b) Rate of stock turnover

Answers


Kavungya
fig3627320191213.png
Kavungya answered the question on March 27, 2019 at 09:15

Answer Attachments

Exams With Marking Schemes

Related Questions