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