Stock 1/1/2002…………………………….N40 000
Goods received from head office……………..N800 000
Goods returned to head office……………….N34 000
Sales…………………………………….N916000
Stock 31/12/2000…………………………..N72 000
From the data above determine the cost of goods credited to the head office trading account.
A N766 000
B N840 000
C N734 000
D N806 000
Answer is C
