Uwagba Trading recorded total sales of 280,000 in June 2021. The total expenses (including raw...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Uwagba Trading recorded total sales of 280,000 in June 2021. The total expenses (including raw materials, finance, and adimin) for the game month wirt Q58,000 Only 265,000 worth of sales (out of the total sales) were in cash during the month and the rest were cn credit. Assume that there are no other relovant information for your calculations. What should be the profit for Uwagba Trading Lid for the year? 1.F7,000.222,000C.215,0001.217,000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
