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  9. Q6
Question 6

Which of the following is the effect of an increase in the provision for discount allowed?

  • A.increase in net profit
  • B.decrease in ross profit
  • C.decrease in net profit
  • D.increase in gross profit
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2008
Question no.
#6
Type
Objective
Previous · Q5In a partnership business, the net profit serves as opening figure for Next · Q7 In the preparation of manufacturing accounts, prime cost plus factory overheads…

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