Assuming the closing stock was valued at N19 000 at the end of November; what was the gross profit? by Sunday | Dec 6 | Accounting JAMB | 0 comments A. N30 000 B. N50 000 C. N70 000 D. N100 000 Correct Answer: Option B – N50 000 Users Also Read These:If a firm has a turnover of N50 000 and the cost of…Capital at start was N280,000, while at the end of…If the opening stock of Ali ltd is N40,000, cost of…A limited company has an authorized capital of…Capital at the start was ₦250,000, while capital at…