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Goods worth ₦300 was transferred from department Q to P Similarly, P's total ex...


Question

Departmental Trading Account (Extract)
 Total (₦)P (₦)Q (₦) Total (₦)P (₦)Q (₦)
Stock3,0002,0001,000Sales10,0006,0004,000
Purchases4,0002,5001,500Closing stock2,0001,500500

Goods worth ₦300 was transferred from department Q to P Similarly, P's total expenses for the period was ₦200

Department P's net profit was

Options

A) ₦5 200

B) ₦3000

C) ₦2800

D) ₦2 500

The correct answer is D.


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