Accounting JAMB

Determine the net profit?
₦
Stock Jan 1 2600
Purchases 4000
Carriage inwards 500
Sales 9000
Carriage outwards 500

 

A. ₦4,000
B. ₦4,500
C. ₦5,000
D. ₦1,400

Correct Answer:

Option D – ₦1,400

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5 years ago

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