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Question on: JAMB Accounting - 2018

   N

Stock at branch 1st January at cost 

400

Goods sent to branch at cost

     8000

Returns to head office

            340           

Cash sales

9160

Stock at branch 31st December at cost

720

 

Use the information below to answer the question.

  Adex Ltd. Issues stock to its retail branches at cost price. The following particulars relate to Ede branch.

A
#1870
B
#1530
C
#1640
D
#1820
Ask EduPadi AI for a detailed answer
Correct Option: D

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