The following account balances were obtained from Omenda traders on 31st December 2002 ...

      

The following account balances were obtained from Omenda traders on 31st December 2002
Kshs.
Stock (1/1/2002) 120,000
Purchases 170,000
Return inwards 30,000
Stock (31/12/2002) 110,000
Sales 300,000
Calculate: (i) Margin
(ii) Rate of stock turn over

  

Answers


Kavungya
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Kavungya answered the question on April 3, 2019 at 13:30


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