Goods worth N300 was transferred from department Q to P Similarly, P’s total expenses for the period was N200. Department P’s net profit was? by Sunday | Dec 5 | Accounting JAMB | 0 comments A. N5 200 B. N3000 C. N2800 D. N2 500 Correct Answer: Option D – N2 500 Users Also Read These:Interest on drawings is 5%, interest on capital is…Interest on drawings is 5%, interest on capital is…Net profit of a sole proprietor is transferred to theThe net profit is the excess of gross profit and…XYZ Ltd's total sales was #100,000. It had opening…