Question on: JAMB Accounting - 2018

Use the information below to answer the question .

 

  Total P Q   Total P Q
   
Stock 3,000 2,000 1,000 Sales 10,000 6,000 4,000
Purchase 4,000 2,500 1,500 Closing Stock   2,000 1,500    500

 

Goods worth #300 was transferred from department Q to P. Similarly, P’s total expenses for the period was #200.

  Department P’s net profit was

A
#2,500
B
#2,800
C
#3,000
D
#5,200
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Correct Option: A

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