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\(\begin{array}{c|c} N \\ \hline \text{Stock Jan 1} 2600 \\ \hline \text{Purchases} ...

\(\begin{array}{c|c} & N \\ \hline
\text{Stock Jan 1} & 2600 \\ \hline \text{Purchases} & 4000 \\ \hline \text{Carriage inwards} & 500 \\ \hline \text{Sales} & 9000 \\ \hline \text{Carriage outwards} & 500
\end{array}\)
Determine the net profit
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  • A ₦4,000
  • B ₦4,500
  • C ₦5,000
  • D ₦1,400
Correct Answer: Option D
Explanation:

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