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Question 0

The following represent extracts from the trading account of a retail outlet for a given month:
Opening stock N2,400
Closing stock N6,400
Other expenses N2,000
Sales N11,000
Profit N900
What is the purchase figure for the month?

  • A.N13,000
  • B.N12,100
  • C.N12,000
  • D.N11,200
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
1995
Question no.
#0
Type
Objective
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