Purchasers - #44,880 Sales - #85,850 Trade creditors - #12,250 Trade debtors - #24,000 Accrued

FINANCIAL
JAMB 2012

Purchasers - #44,880 Sales - #85,850 Trade creditors - #12,250 Trade debtors - #24,000 Accrued expenses - # 350 Prepaid expenses - # 700 Stock 1/1/2006 - #25,120 Stock 31/12/2006 - #27,840 Determine the number of times stock was turned over during the period to the nearest figure

  • A. 1
  • B. 2
  • C. 3
  • D. 4

Correct Answer: B. 2



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