Use the information below to answer the question.
Phebe Enterprises has two departments S and T, with the following information
| S ₦ Opening stock ————5,000 Purchases —————–26,000 Closing stock ————- 7,000 Sales ———————— 45,000 | T ₦ 1,500 3,000 2,500 4,000 |
The following expenses are to be shared in the ratio of 4:1
Rent ₦ 8,300
General expenses ₦3,200
A. ₦23,000
B. ₦11,500
C. ₦12,500
D. ₦20,000
Correct Answer:
Option A – ₦23,000
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…