Use the following information to answer the giv... - WAEC Accounting 1992 Question
Use the following information to answer the given question
Rufai, a vulcanize bought 4 machines for N20,200 and incurred the following expenses for the year ended 31st December, 1990
\(\begin{array}{c|c} Glue & N2,100 \ Thread & N600 \ Kerosene & N900 \ Rubber & N558 \ Matched & N110 \end{array}\)
He received N5,772 from customers. Two machines were later sold for N6,990 and N5,670 respectively. What is his revenue expenditure?
Rufai, a vulcanize bought 4 machines for N20,200 and incurred the following expenses for the year ended 31st December, 1990
\(\begin{array}{c|c} Glue & N2,100 \ Thread & N600 \ Kerosene & N900 \ Rubber & N558 \ Matched & N110 \end{array}\)
He received N5,772 from customers. Two machines were later sold for N6,990 and N5,670 respectively. What is his revenue expenditure?
A
N24,468
B
N24,358
C
N23,800
D
N22,900
correct option: e
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