Accounts - Principles of Accounts jamb 2011

Find the average stock for the period

a

N27 000

b

N23 000

c

N28 000

d

N20 500

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Correct Option
d

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crexsilver
5 years ago

Explanation:
Formulae for Average Stock is Opening Stock+Closing Stock divided by two
opening stock= 32,000
closing stock= 9,000
total= 41,000 /2
Ans= 20,500

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