JAMB Commerce 2012 Objective — Question 32
Question 32 of 50 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2012 Objective paper, with the correct answer and a full explanation.
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Given: Opening Stock 1,800; Purchases 2,800; Sales 8,000; Closing stock 350; Carriage on sales 500. Calculate the value of the unused stock.
- A. 1,800
- B. 350Correct
- C. 2,800
- D. 500
Explanation
The unused stock is the closing stock = 350.
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