Stock 1/1/2002..................................₦40 000 Goods received from head office.................₦800 000 Goods returned to head office.................

Question 1 Report

Stock 1/1/2002..................................₦40 000

Goods received from head office.................₦800 000

Goods returned to head office...................₦34 000

Sales...........................................₦916000

Stock 31/12/2000................................₦72 000

From the data above determine the cost of goods credited to the head office trading account.

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