The following represent extracts from the trading account of a retail outlet for a given...
FINANCIAL
JAMB 1995
The following represent extracts from the trading account of a retail outlet for a given month: Opening stock N2,400 Closing stock N6,400 Other expenses N2,000 Sales N11,000 Profit N900 What is the purchase figure for the month?
- A. N13,000
- B. N12,100
- C. N12,000
- D. N11,200
Correct Answer: B. N12,100
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