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Use the information below to answer question Goods from head office................N13,400 Returns to head office...

Accounts - Principles of Accounts
JAMB 2003

Use the information below to answer question

Goods from head office................N13,400
Returns to head office ...............N118
Rates and insurance paid .............N188
Wages paid ...........................N913
Cash remitted to head office..........N16,625
Stock at 1/1/2000.....................N1,875
Rents paid ...........................N325
Stock at 31/12/2000 ..................N1,975
Sundry expenses ......................N200

What is the total expenses?
  • A. N1 875
  • B. N1 817
  • C. N1 626
  • D. N1 426
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Correct Answer: Option C
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
Your School's Whatsapp Group - Join Us now
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