JAMB - Accounts Principles Of Accounts (2007 - No. 41)

Use the information below to answer questions

Given:
Returns inwards............N1500
cash.......................N1550
Discount...................N2850
Capital....................N3800
Debtors....................N900
Sundry.....................N?
The value of sundry expenses is 150% of returns inwards plus 50% of debtors.

How much is sundry expenses?
N2700
N2250
N1550
N2000

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