Sales - #232,000 Opening stock - ₦28,000 Purchases - #128,000 Carriage inwards - ₦4,000 Carriage outwards - ₦6,000 Closing stock - ₦10,000 Discount received...

Assessment: JAMB UTME - Principles of Accounts - 2013 Subject: Financial Accounting

Question 1 Report

Sales - #232,000

Opening stock - ₦28,000

Purchases - #128,000

Carriage inwards - ₦4,000

Carriage outwards - ₦6,000

Closing stock - ₦10,000

Discount received - ₦18,000

Expenses - ₦20,000Calculate the expenses debited to the profit and loss account

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning