Question 11

The following information relates to Mallam Amidu Kachella for the year ended 31/12/2005.
#
Opening stock 4,000
Purchases 16,000
Sales 30,000
Debtors 6,500
Creditors 4,200
Cash in hand 800
Closing stock 5,600
Bank overdraft 3,000


The average stock is

  • A.#1,600
  • B.#4,800
  • C.#5,600
  • D.#9,600
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
2006
Question no.
#11
Type
Objective

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