Question on: WAEC Accounting - 2000
Use the following information to answer the given question
\(\begin{array}{c|c} & N \ \hline \text{Sales} & 14,600 \ \text{Purchases} & 5,500 \ \text{Return inward} & 150 \ \text{Rent} & 2,000 \ \text{Salaries} & 1,000 \ \text{Discount received} & 400\ \text{Closing stock} & 250 \ \text{Opening stock} & 100\end{array}\)
Net sales is
\(\begin{array}{c|c} & N \ \hline \text{Sales} & 14,600 \ \text{Purchases} & 5,500 \ \text{Return inward} & 150 \ \text{Rent} & 2,000 \ \text{Salaries} & 1,000 \ \text{Discount received} & 400\ \text{Closing stock} & 250 \ \text{Opening stock} & 100\end{array}\)
Net sales is
A
N15,000
B
N14,750
C
N14,600
D
N14,450
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Correct Option: D
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