Use the information below to answer question
Stock (1/1/02) at selling price……….N2000
Goods sent to branch (selling price)…..N?
Sales by branch (selling price)……….N4500
Stock (31/12/02)…………………….N?
Opening stock is 1/4 of goods sent to branch.
Determine the closing stock?
Stock (1/1/02) at selling price……….N2000
Goods sent to branch (selling price)…..N?
Sales by branch (selling price)……….N4500
Stock (31/12/02)…………………….N?
Opening stock is 1/4 of goods sent to branch.
Determine the closing stock?
-
A.
N5 500 -
B.
N6 500 -
C.
N2 500 -
D.
N4 500