At the end of a financial period, the trading profit and loss account of a compa...

Question

At the end of a financial period, the trading profit and loss account of a company showed a profit of ₦120,000. It was however discovered that revenue of ₦12,000 was recorded as expenses while expenses of ₦4,000 had been recorded as revenue. What should be the correct profit for the period?

Options

A) ₦104,000

B) ₦128,000

C) ₦136,000

D) ₦144,000