Use the following information to answer the given question
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ \text{Return inward} & 150 \\ \text{Rent} & 2,000 \\ \text{Salaries} & 1,000 \\ \text{Discount received} & 400\\ \text{Closing stock} & 250 \\ \text{Opening stock} & 100\end{array}\)
Gross profit is
a
N10,350
b
N10,200
c
n9,500
d
N9,100
Explanation
Correct Option
dNo explanation available
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tumixe
10 years ago
The question is wrongly composed:
The diagrams were vague and was difficult answering the question.
REF: Page 55
