Use the information below to answer this question At the end of a financial period, the trading profit and loss account of a sole trader shows a profit of ₦...

Question 1 Report

Use the information below to answer this question
At the end of a financial period, the trading profit and loss account of a sole trader shows a profit of 
₦180,000 it is however discovered that revenue of 
₦15,000 is recorded as expenses while expenses of
₦4,000 is recorded as revenue.

Determine the adjusted net profit

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