Ezekiel Malgwi is a retailer. He recorded sales representing 95% cash and 5% credit. He
FINANCIAL
JAMB 2003
Ezekiel Malgwi is a retailer. He recorded sales representing 95% cash and 5% credit. He took the total cash sales of N19000 from the business tray and banked it. The credit sales for the period would be?
- A. N5000
- B. N1900
- C. N1000
- D. N950
Correct Answer: C. N1000
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *