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A company has departments M and N. The expenses incurred wholly in M is N5000....

Accounts - Principles of Accounts
JAMB 2003

A company has departments M and N. The expenses incurred wholly in M is N5000. General expenses incurred amount toN25000. Expenses are apportioned in the ratio 2:3 for departments M and N respectively.
What is N's share of the expense?
  • A. N10 000
  • B. N15 000
  • C. N18 000
  • D. N20 000
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Correct Answer: Option B
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