Sales - #232,000 Opening stock - # 28,000 Purchases - #128,000 Carriage inwards - #
FINANCIAL
JAMB 2013
Sales - #232,000 Opening stock - # 28,000 Purchases - #128,000 Carriage inwards - # 4,000 Carriage outwards - # 6,000 Closing stock - # 10,000 Discount received - # 18,000 Expenses - # 20,000 Calculate the expenses debited to the profit and loss account
- A. #17,000
- B. #23,000
- C. #26,000
- D. #30,000
Correct Answer: C. #26,000
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