Question 1 Report
Use the information below to answer question 14 and 15.Sales....................................₦10,900
Stock 1/1................................₦1, 000
Stock 31/12..............................₦2, 000
Purchases................................₦4, 000
Returns outwards.........................₦800
Returns inwards..........................₦600
Carriage outwards........................₦300
Carriage inwards.........................₦200Find the gross profit.