\(\begin{array}{c|c} \text{Opening stock} & 1800 \\ \hline \text{Purchases} & 2800 \\ \hline \text{Sales} & 800...

JAMB 2015

\(\begin{array}{c|c}
\text{Opening stock} & 1800 \\
\hline
\text{Purchases} & 2800 \\
\hline
\text{Sales} & 800 \\
\hline
\text{Closing stock} & 800 \\
\hline
\text{Carriage on sale} & 500 \\
\end{array}\)

Calculate the value of the unused stock

A. N320
B. N350
C. N500
D. N800

JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!

JAMB CBT Mobile App 2025 - Free Download

WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076

Correct Answer: Option D

Explanation

Closing stock for the year of an accounting period is also regarded as unused stock.

Previous Next

Go back to Comm classroom

Report an Error Ask A Question Download App

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

how many questions is jamb for science class? Answer this

2 Answers · Biology · 10 hours ago
How can I get to know figure of speech off head? Answer this

2 Answers · Literature in English · 10 hours ago
The question that can come to you doing the jamp? Answer this

1 Answers · Literature in English · 6 hours ago

\(\begin{array}{c|c} \text{Opening stock} & 1800 \\ \hline \text{Purchases} & 2800 \\ \hline \text{Sales} & 800...

Correct Answer: Option D

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In