Department K Y Opening stock 2 500 800 Purchase... - JAMB Accounting 2013 Question
Department K Y
Opening stock #2,500 #800
Purchases #120,000 #100,000
Sales #180,000 #200,000
Salaries #8,000 #30,000
Closing stock #3,000 #1,500
Rate expenses of #1,500 are apportioned in the ratio 1:2.
What is he net profit of Y?
Opening stock #2,500 #800
Purchases #120,000 #100,000
Sales #180,000 #200,000
Salaries #8,000 #30,000
Closing stock #3,000 #1,500
Rate expenses of #1,500 are apportioned in the ratio 1:2.
What is he net profit of Y?
A
#52,000
B
#68,300
C
#68,800
D
#69,700
correct option: d
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