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Accounts (Principles of Accounts) · Manufacturing accounts

Accounts (Principles of Accounts)Manufacturing accountsJAMB

Opening raw materials ₦30,000, purchases ₦200,000 and closing raw materials ₦25,000. Find the raw materials consumed.

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Answer: C. ₦205,000

30,000 + 200,000 − 25,000 = ₦205,000.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

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