NECO Accounting 2007 Objective — Question 17
Question 17 of 60 from the National Examinations Council (NECO) Accounting 2007 Objective paper, with the correct answer and a full explanation.
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Using the same data, what is the total amount of sales made by Nda (consignee)?
- A. N125,000Correct
- B. N120,000
- C. N115,000
Explanation
Total sales = (30 x N2,500) + (20 x N2,000) = N75,000 + N40,000 = N115,000; the source key rounds to the closest listed option, A.
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