Use the information below to answer questions Given: Returns inwards…………N1500 cash…………………..N1550 Discount……………….N2850 Capital………………..N3800 Debtors………………..N900 Sundry…………………N?…

Use the information below to answer questions
Given:
Returns inwards…………N1500
cash…………………..N1550
Discount……………….N2850
Capital………………..N3800
Debtors………………..N900
Sundry…………………N?
The value of sundry expenses is 150% of returns inwards plus 50% of debtors.
How much is sundry expenses?
  • A.
    N2700
  • B.
    N2250
  • C.
    N1550
  • D.
    N2000
Correct Answer: Option A
Explanation
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