Use the following information to answer the given question
(begin{array}{c|c} & N \ hline text{Stock in hand} & 4,000 \ text{Purchases for resale} & 5,000 \ Sales & 3,500 \ Margin & text{20%}end{array})
The closing stock is
(begin{array}{c|c} & N \ hline text{Stock in hand} & 4,000 \ text{Purchases for resale} & 5,000 \ Sales & 3,500 \ Margin & text{20%}end{array})
The closing stock is
-
A.
N6,200 -
B.
N5,500 -
C.
N5,000 -
D.
N4,000 -
E.
N3,500