Stock 1/1/2002..................................₦40 000Goods received from head ...
Question
Stock 1/1/2002..................................₦40 000
Goods received from head office.................₦800 000
Goods returned to head office...................₦34 000
Sales...........................................₦916000
Stock 31/12/2000................................₦72 000
From the data above determine the cost of goods credited to the head office trading account.
Options
A) ₦766 000
B) ₦840 000
C) ₦734 000
D) ₦806 000
The correct answer is C.
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