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Use the information below to answer this question At the end of a financial period, the ...

Use the information below to answer this question
At the end of a financial period, the trading profit and loss account of a sole trader shows a profit of
₦180,000 it is however discovered that revenue of
₦15,000 is recorded as expenses while expenses of
₦4,000 is recorded as revenue.

The revenue to be added as an adjustment is
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  • A ₦34,000
  • B ₦4,000
  • C ₦30,000
  • D ₦15,000
Correct Answer: Option C
Explanation:

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