Musa merchants Trading and profit and Loss Account for the year ended Dec. 31st; 2003 Determine the closing stock by Sunday | Dec 7 | Accounting JAMB | 0 comments A. N20 000 B. N30, 000 C. N40 000 D. N50,000 Correct Answer: Option C – N40 000 Users Also Read These:Interest on capital is 10%, the net profit for the…The value of the closing stock of finished goods in…Rent owing as at 31st December 1998, N800. Rent paid…Rent owing as at 31st December 1998, N800. Rent paid…XYZ Ltd's total sales was #100,000. It had opening…