Business Studies > 2020 PAPER II > 51
BECE/Junior WAEC
Use the information below to answer this question.
Sunda enterprises trading, profit and loss account for the year ended 31st December, 2017.
| ₦ | |
| Stock at 1/1/2017 Purchases Sales Returns inwards Returns outwards Stock at 31/12/2017 Wages and salaries | 30,000 2,500 50,000 500 1,000 4,500 250 |
What is the cost of goods sold?
A.
₦50,000
B.
₦49,500
C.
₦27,000
D.
₦22,500
E.
₦18,000
Answer: C
To see detailed solution to this question and thousands of other questions offline, download TestDriller BECE. Practice rigorously for BECE, enjoy educational games, dictionary, compete with your peers, win prizes and more.
09037778195