Home » Classroom » WAEC Accounting 1998 Question

begin array c c amp N hline text Opening stock ... - WAEC Accounting 1998 Question

\(\begin{array}{c|c} & N \ \hline \text{Opening stock of Raw Materials} & 5,800 \ \text{Closing stock of Raw Materials} & 4,500 \ \text{Raw material purchased} & 19,000\ \text{Carriage outwards} & 1,300 \ \text{Direct labour} & 4,000 \ \text{Electricity(Factory)} & 2,500 \ \text{Supervisor's salary} & 5,500 \ \text{Depreciation of Plant} & 1,500 \ Sales & 58,000 \ \text{Closing stock(Finished Goods)} & 4,500 \ \text{Administrative expenses} & 5,500 \ \text{selling and Distribution Expenses} & 3,000\end{array}\)
he gross profit
A
N33,800
B
N28,700
C
N28,300
D
N18,900
correct option: b
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses