JAMB - Accounts Principles Of Accounts (2012 - No. 44)

Given:
From the above information, the gross profit from department X is
N3,800
N2,300
N2,200
N2,000
Explanation
Gross profit = sales - cost of goods sold
3000 - 800 = 2200
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Given:
From the above information, the gross profit from department X is
Gross profit = sales - cost of goods sold
3000 - 800 = 2200