This lesson will look at the calculations of the cost of sales and markup.
This lesson looks at how to enter transactions into ledger accounts using an example.
This lesson recalls how to enter transactions into ledger accounts using Bailey's stores' transactions.
We will be tackling financial literacy by looking at profit/loss, selling price, cost price, using the product code method to calculate profit, using the secret code cost method to determine the cost of sales and profit, using a mark-up % to calculate the cost of sales and profit and recording tr...
