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Use the following information to answer questionKolawole's Opening Stock was N10,...


Question

Use the following information to answer question

Kolawole’s Opening Stock was N10, 000. His purchases was N280,000 Goods returned outward was N3,000, and the Closing Stock was N8,000

Kolawole’s average stock is?

Options

A) N9,000.00

B) N10, 000.00

C) N279,000.00

D) N280,000.00

E) N290,000.00

The correct answer is C.


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