JAMB - Accounts Principles Of Accounts (2000 - No. 4)

Use the information below to answer question 4 and 5.

Sales N20,000
Cost sales N10,000
Operating expenses N2,500
Expenses prepaid included
in operating expenses N500

Calculate the net profit?
N12,500
N10,000
N8,000
N7,500

Comments (0)

Advertisement