Use the information below to find the company's gross profit # Sales 50,000.00 Debtors 10,000.00 Cash in hand 5,000.00 Opening stock 30,000.00 Creditors 8,0...

Assessment: JAMB UTME - Commerce - 2022 Subject: Commerce

Question 1 Report

Use the information below to find the company's gross profit

#
Sales 50,000.00
Debtors 10,000.00
Cash in hand 5,000.00
Opening stock 30,000.00
Creditors 8,000.00
Purchases 16,000.00
Overdraft 12,000.00
Closing stock 10,000.00

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