Home » Past Questions » Accounts » Use the information below to answer questions Given:Returns inwards...............

Use the information below to answer questions Given:Returns inwards...............


Question

Use the information below to answer questions

Given:

Returns inwards............₦1500

Cash.......................₦1550

Discount...................₦2850

Capital....................₦3800

Debtors....................₦900

Sundry.....................N?

The value of sundry expenses is 150% of returns inwards plus 50% of debtors.

How much is sundry expenses?

Options

A)
₦2700
B)
₦2250
C)
₦1550
D)
₦2000

The correct answer is A.


More Past Questions:


Discussion