Given,
| ₦ | |
| Stock (1/4/94) | 800 |
| Purchases of flour | 2,450 |
| Sales | 4,745 |
| Wages of bakery staff | 675 |
| Carriage outwards | 50 |
| Salary of administrative staff | 225 |
| Stock (31/3/95) | 940 |
| Capital | 1,540 |
A. ₦3,925
B. ₦3,250
C. ₦2,985
D. ₦2,575
Correct Answer:
Option C = ₦2,985
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