The following represent extracts from the trading account of a retail outlet for...
Question
The following represent extracts from the trading account of a retail outlet for a given month:
Opening stock ₦2,400
Closing stock ₦6,400
Other expenses ₦2,000
Sales ₦11,000
Profit ₦900
What is the purchase figure for the month?
Options
A)
₦13,000
B)
₦12,100
C)
₦12,000
D)
₦11,200
The correct answer is B.
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