Incomplete Record (Extract)
Sales............
Incomplete Record (Extract)
Sales......................................N10,600
Rent...........................N200
Depreciation of vehicle (cost N5000) 10%
Gross profit margin is 20%
What is the cost of goods sold?
N4,800
N8,480
N2,320
N9,900
Correct answer is B
No explanation has been provided for this answer.
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