Use the following information to answer the given questio...
Use the following information to answer the given question
Rufai, a vulcanize bought 4 machines for N20,200 and incurred the following expenses for the year ended 31st December, 1990
GlueN2,100ThreadN600KeroseneN900RubberN558MatchedN110
He received N5,772 from customers. Two machines were later sold for N6,990 and N5,670 respectively. What is his revenue expenditure?
N24,468
N24,358
N23,800
N22,900
N20,000
Correct answer is E
No explanation has been provided for this answer.
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