Department K YOpening stock #2,500 #800Purchases #120,000 #100,000Sales #180,000...
Question
Department K Y
Opening stock #2,500 #800
Purchases #120,000 #100,000
Sales #180,000 #200,000
Salaries #8,000 #30,000
Closing stock #3,000 #1,500
Rate expenses of #1,500 are apportioned in the ratio 1:2.
The gross profit for K is
Options
A)
#23,500
B)
#60,500
C)
#60,700
D)
#82,500
The correct answer is B.
More Past Questions:
Discussion
Other Subjects
- English Language
- Biology
- Mathematics
- Government
- Physics
- Economics
- Chemistry
- Christian Religious Knowledge
- Commerce
- Geography
- Literature In English
- Agricultural Science
- General Paper
- Islamic Religious Knowledge
- History
- Further Mathematics
- Current Affairs
- Civic Education
- Math
- Reading
- Writing and Language
- Computer Studies
- French
- Home Economics
- Hausa
- Yoruba
- Igbo
- Fine Arts