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\(\begin{array}{c|c} & 1/7/10 & 30/6/11 \\ & ...

Use the following information to answer the question below

1/7/1030/6/11DDStock1,4604,200Motor Car3,6003,200Creditors600700

Drawings during the year amounted to D1,500.

Net profit for the year is

A.

D12,260

B.

D3,740

C.

D2,440

D.

D2,040

Correct answer is B

No explanation has been provided for this answer.