The following represents extracts from the trading account of a retail outlet for a given...
FINANCIAL
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The following represents 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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