Question on: WAEC Accounting - 2003
Use the following information to answer question,
\(\begin{array}{c|c} & ₦\ \hline \text{Opening stock} & 40,000\ \text{Purchases} & 130,000\ \text{Closing stocks} & 32,000 \ \text{sales} & 180,000\end{array}\)
What was the gross profit?
\(\begin{array}{c|c} & ₦\ \hline \text{Opening stock} & 40,000\ \text{Purchases} & 130,000\ \text{Closing stocks} & 32,000 \ \text{sales} & 180,000\end{array}\)
What was the gross profit?
A
₦8,000
B
₦50,000
C
₦42,000
D
₦10,000
Ask EduPadi AI for a detailed answer
Correct Option: C
Add your answer
Please share this, thanks!
No responses