Given:
....................January.............Dec...
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?
N3000
N1,360
N9060
N7700
Correct answer is B
No explanation has been provided for this answer.
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