Question 0

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
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
2007
Question no.
#0
Type
Objective

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