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Sales for the period is

Accounts - Principles of Accounts
WAEC 2021

Use the following information to answer this question
                                         GH¢
Gross profit                     50,400
Discounts relieved            3,300
Discounts allowed             2,500
Net profit                          26,500
Cost of goods sold         184,000

Sales for the period is

  • A. GH¢234,400
  • B. GH¢210,500
  • C. GH¢133,600
  • D. GH¢76,900
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Correct Answer: Option A
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