Question on: JAMB Accounting - 2007
Use the information below to answer question .
Stock (1/1/02) at selling price..........N2000
Goods sent to branch (selling price).....N?
Sales by branch (selling price)..........N4500
Stock (31/12/02).........................N?
Opening stock is 1/4 of goods sent to branch.
The value of goods sent to branch is?
A
N4 000
B
N6 000
C
N8 000
D
N2 000
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Correct Option: C
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