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If accounts payable at 1 st January 2005 were 2500, accounts payable at 31 st December 2003 were 4200 and payment to creditors 32,000, then purchases for 2003 are.You are to pay 140,000 for the business this means thatī) Buildings are casting you 30,000 more then their value Yu are to buy an existing business which has assets valued at building 50,000, motor vehicle 15,000 fixture 5000 and inventory 40,000.If it is required to maintain fixed capitals the partners’ shares of profit must beĪ) Debited to capital accounts b) Credited to capital accountsĬ) Debited to partners current account d) Credited to partners current account.Iii) Margin is 25 percent iv) Mark –up is 33 1/ 2 percentĪ) (i) and (ii) b) (i) and (iii) c) (iii) and (iv) d) (iii) and (iv)Ī) Which is accompanied by a balance sheetĬ) In which the opening and closing cash balances were shownĭ) In which the surplus of income over expenditure is calculated I) Mark-up 25 percent ii) Margin is 33 1/ 2 percent If cost price is 90 and selling price is 120 then.Given opening account receivable of 11,500, sales 48,000 and receipts from debtors 45,000, the closing account receivable total should be.For each of the following items write the letter of the correct answer in the table provided Neutrons are present in all atoms exceptġ.6.02 x 10 23 atoms of hydrogen and 6.02 x10 23 oxygen atoms.Which of the following combination is not likely to form covalent bond?.
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Which of the following properties generally increases down the group?.The moles of sodium chloride in 250cm 3 of 0.5M sodium chloride are:.He was asked to find the mass of M 2Co 3, the mass of M 2Co 3 and beaker was 7.69g and mass of beaker was 5.99g from this ,the mass of M 2Co 3 is:. A student was given a sample of a carbonate, M 2Co 3 where M is a metal.The concentration of the hydrogen peroxide is :. 100 cm3 of hydrogen peroxide is allowed to completely decompose and 120cm 3 of oxygen is produced (one mole of a gas occupies 22400cm 3 at room temperature and pressure).