Use the following information begin array c c a... - WAEC Accounting 2008 Question
Use the following information,
\(\begin{array}{c|c} & Le\ \hline \text{Sales} & 183,400 \ \text{Purchases} & 168000\ \text{Opening stock} & 20,100\ \text{Closing stock} & 48,800 \ \text{Carriage outwards} & 2400\ \text{Carriage inwards} & 5,000\ \text{Returns inwards} & 10,000\ \text{Expenses} & 15,000\ \text{Returns outwards} & 8,000\end{array}\)
The gross profit is
\(\begin{array}{c|c} & Le\ \hline \text{Sales} & 183,400 \ \text{Purchases} & 168000\ \text{Opening stock} & 20,100\ \text{Closing stock} & 48,800 \ \text{Carriage outwards} & 2400\ \text{Carriage inwards} & 5,000\ \text{Returns inwards} & 10,000\ \text{Expenses} & 15,000\ \text{Returns outwards} & 8,000\end{array}\)
The gross profit is
A
Le 47,200
B
Le 42,200
C
Le 37,200
D
Le 19,800
correct option: c
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