Question on: JAMB Accounting - 2006
Given:
....................January.............December
Assets................N28,320.............N25,320
Creditors.............N5,620..............N10,320
The proprietor made drawings of N755 per month for personal use.
The profit for the period is?
A
N3000
B
N1,360
C
N9060
D
N7700
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Correct Option: B
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