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In'% of Sales' method, various items of balance sheet are estimated on the basis of.

<p><strong>(a) % of Share Capital, </strong></p> <p><strong>(b) % of Sales in current year,</strong></p> <p><strong> (c) % of Fixed Assets,</strong></p> <p><strong>(d) % of Sales in preceding year.</strong></p>

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/09/27
Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

D- % of sales in preceding years.

Anayatullah Tahir
by Anayatullah Tahir , Accounting Consultant , Various

2nd Option Current year

Vishnu Agrawal Vishnu
by Vishnu Agrawal Vishnu , Associate , TransSys Solutions Private Limited

% Sales of Current Year

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

answer d 

Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

D

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

I agree with the answer d

Deleted user
by Deleted user

d............. is the answer

Sales in preceding year

Muhammad Saeed
by Muhammad Saeed , Accountant , Abaseen Steel Re-Rolling Mills

Sales in preceding year is the correct answer.

Muhammad Waqas Hussain
by Muhammad Waqas Hussain , Sales Executive (B2B Food Ingredients, Feed Additives, Agri Fertilizer, Water Treatment Chemicals) , Gulf Hygiene Co.Ltd

(b) % of Sales in current year.

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