Question on: JAMB Accounting - 2002

Use the information below to answer this question.

.............Total......... Dept.P.............Dept.Q

...............N...............N.................N

Sales.........10000............6000..............4000

Purchases......4000............1000..............3000

Discount received.1000..........?..................

Discounts allowed..2000...........................?.

Discount (allowed and received) are apportioned to the two departments on the basis of departmental sales and purchases.

Department P's share of discount received is

A
N750
B
N1000
C
N250
D
N500
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Correct Option: C

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