Question on: JAMB Accounting - 1999

Appropriation Account

                Kudu            Wale <br />

Interest on capital 750 550

Salaries 800 600

Share of profits 3,300 3,300

Determine the net profit of the partnership.

A
N 9,300
B
N 6,600
C
N4,850
D
N 4,450
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Correct Option: A

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