(begin{array}{c|c} & N \ hline text{Stock Jan 1} & 2600 \ hline text{Purchases} & 4000…

(begin{array}{c|c} & N \ hline
text{Stock Jan 1} & 2600 \ hline text{Purchases} & 4000 \ hline text{Carriage inwards} & 500 \ hline text{Sales} & 9000 \ hline text{Carriage outwards} & 500
end{array})
Determine the net profit
  • A.
    ₦4,000
  • B.
    ₦4,500
  • C.
    ₦5,000
  • D.
    ₦1,400
Correct Answer: Option D
Explanation
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