₦Stock Jan 12600Purchases4000Carriage inwards500Sales9000Carriage outwards500 ₦ Stock Jan 1 2600 Purchases 4000 Carriage inwards 500 Sales 9000 Carriage out...

Question 1 Report

$\begin{matrix} ₦ \\ Stock Jan 1 & 2600 \\ Purchases & 4000 \\ Carriage inwards & 500 \\ Sales & 9000 \\ Carriage outwards & 500 \end{matrix}$

Determine the net profit.

₦4,000

₦4,500

₦5,000

₦1,400