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question_answer Discussion Board for a Question on Quiz: Accounting (WAEC 2000)

50 Questions · Public · Objective · Quiz suitable for all ages

1 Click Here To Discuss Question

Use the following information to answer the given question

  N
Sales 14,600
Purchases 5,500
Return Inward 150
Rent 2000
Salaries 1000
Discount Received 400
Closing stock 250
Opening stock 100

Gross profit is

Select 1 Option (1 Mks)
  • N10,350
  • N10,200
  • N9,500
  • N9,100
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