Given: Net profit———————–N25,000 Cost of sale———————N25,000 Sales—————————-N85,000 Determine the total expenses.

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Accounts - Principles of Accounts JAMB 1997

Given:
Net profit———————–N25,000
Cost of sale———————N25,000
Sales—————————-N85,000
Determine the total expenses.

  • N45,000
  • N35,000 checkmark
  • N25,000
  • N15,000

The correct answer is: B

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