Given: Sales ............................N195,200 Stock 1st January.................N34,000 Purchases ........................N126,000 Sales returns ....................N1,200 Purchases returns ................N2,000 If the gross profit is N66,000, what is the value of stock at 31st December?

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Given: Sales ............................N195,200 Stock 1st ...

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Correct Answer: A

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