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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