Goods from head office…………….N13,400
Returns to head office ……………N118
Rates and insurance paid ………….N188
Wages paid ………………………N913
Cash remitted to head office……….N16,625
Stock at 1/1/2000…………………N1,875
Rents paid ………………………N325
Stock at 31/12/2000 ………………N1,975
Sundry expenses ………………….N200
A. N4 069
B. N1 817
C. N1 440
D. N1 328
Correct Answer:
Option A – N4 069
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