Given: ....................January.............December Assets................N28,320.............N25,320 Creditors.............N5,620..............N10,320 The proprietor made drawings of N755 per month for personal use. The profit for the period is?

Given:

....................January.............December

Assets................N28,320.............N25,320

Creditors.............N5,620..............N10,320

The proprietor made drawings of N755 per month for personal use.

The profit for the period is?

The correct answer is B. N1,360

No explanation given