You add the following when starting with the balance as per cash book when preparing the bank reconciliation statement except

\(\begin{array}{c|c} & \text{N} \\ \hline \text{Debtors opening} & 4000 \\ \hline \text{Debtors closing} & 1500 \\ \hline \text{Cash received from debtors} & 8500 \\ \hline \text{Bad debts written off} & 350 \\ \hline \text{Discount allowed} & 500 \\ \hline \text{Discount received} & 1000
\end{array}\)

If the gross profit is N5 000, what is the net profit?

In the period of rising prices, which method of stock valuation is most appropriate?

Which of these is the subsidiary book for return inwards?