\(\begin{array}{c|c} & N \\ \hline \text{Sales} &...
Use the following information to answer the given question
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ \text{Return inward} & 150 \\ \text{Rent} & 2,000 \\ \text{Salaries} & 1,000 \\ \text{Discount received} & 400\\ \text{Closing stock} & 250 \\ \text{Opening stock} & 100\end{array}\)
Net profit is
N9,100
N7,850
N7,750
N6,500
Correct answer is D
No explanation has been provided for this answer.
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hline \t...
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