Accounting WAEC

What is the Net sales?

Use the following information to answer the given question

N
Fixed assets 12,000
Current assets 5,000
Current liabilities 2,300
Capital 10,000
Long term liabilities 4,700

 

 

A. N14,100
B. N14,000
C. N13,500
D. N12,900
E. N9,300

Correct Answer:

Option D – N12,900

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