Given:
Sales ……………………….N195,200
Stock 1st January……………..N34,000
Purchases ……………………N126,000
Sales returns ………………..N1,200
Purchases returns …………….N2,000
A. N30,000
B. N40,000
C. 50,000
D. N20,000
Correct Answer:
Option A – N30,000
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