Use the following information to answer the given question
Net profit is
A N9,100
B N7,850
C N7,750
D N6,500
Answer is D
| sales 14,600 less; sales returns 150 14,450 purchases ——— 5,500 disc, received —- -400 5,100 opening stock—— 100 closing stock——– -250 cost goods sold 4,950 9,500 Rent ——– 2,000 |
