Use the information below to answer question 25 and 26.Bar opening stock ₦10,0...

Question

Use the information below to answer question 25 and 26.

Bar opening stock ₦10,000

Amount owed to bar suppliers at

The end the beginning of the year ₦10,000

Bar sales ₦50,000

Bar credit purchases ₦40,000

Payment to suppliers ₦30,000

Bar expenses ₦1,000

Bar closing stock ₦15,000

What is the bar profits?

Options

B)

₦15,000