Use the following information to answer the question

The following transactions relate to Osei Enterprises for the year ended 31st December 2020.

 

   D

 Purchases

 160,000
 Returns outwards  880
 Carriage inwards  740
 Returns inwards  620
 Sales  195,000
 Salaries  27,600
 Closing stock  14,100


The gross profit

a

D 39,360

b

D 38, 620

c

D 36,360

d

D 39,220

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Explanation

Correct Option
c

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