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Use the information below to answer the question Goods from head office..........


Question

Use the information below to answer the question

Goods from head office................₦13,400

Returns to head office ...............₦118

Rates and insurance paid .............₦188

Wages paid ...........................₦913

Cash remitted to head office..........₦16,625

Stock at 1/1/2000.....................₦1,875

Rents paid ...........................₦325

Stock at 31/12/2000 ..................₦1,975

Sundry expenses ......................₦200

The profit realized from the trade is?

Options

A)
₦4 069
B)
₦1 817
C)
₦1 440
D)
₦1 328

The correct answer is A.


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