JAMB - Accounts Principles Of Accounts (2002 - No. 1)

Given:
Stock (1/4/94) N800

Purchases of flour N2450

Sales N4745

Wages of bakery staff N675

Carriage outwards N50

Salary of administrative staff N225

Stock (31/3/95) N940

Capital N1540
Determine the cost of goods sold?
N2575
N2985
N3250
N3925

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