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…A club received rent N10,000 and donation N30,000.…Sai Baba made sales of N10,000 having computed his…What is the birth rate of a country with a total…Assuming a gross profit of N3,000. What was the net profit?