Determine the adjusted net profit?

At the end of a financial period, the trading
profit and loss account of a sole trader
shows a profit of #180,000. it is however
discovered that revenue of #15,000 is
recorded as expenses while expenses of
#4,000 is recorded as revenue.

A. #210,000
B. #202,000
C. #195,000
D. #184,000

Correct Answer:

Option B – #202,000