Jide and Haruna contribute N12000 each as capital and share profit equally. Jide draws N1500 and Haruna N1700 half-yearly. The profit for the year is N10000. Jide receives a salary of N2000.
Calculate the profit available for appreciation?
N12,000
N10,000
N8,000
N7,000
Correct answer is C
No explanation has been provided for this answer.