Use the following information to answer this question
GH¢
Gross profit ———————-50,400
Discounts relieved ————-3,300
Discounts allowed ————–2,500
Net profit ————————–26,500
Cost of goods sold ————-184,000
A. GH¢234,400
B. GH¢210,500
C. GH¢133,600
D. GH¢76,900
Correct Answer:
Option A = GH¢234,400