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The following information pertains to All STARS Tennis Club. Refreshments: Inventory (31 December 2018). Purchases. Sales.. Inventory (31 December 2019) R 1 000 10 880

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The following information pertains to All STARS Tennis Club. Refreshments: Inventory (31 December 2018). Purchases. Sales.. Inventory (31 December 2019) R 1 000 10 880 36 000 2 000 The gross profit/loss amount for the small shop for refreshments of All Stars Tennis Club to be shown in th income and expenditure statement for the year ended 31 December 2019, will be ...? A. gross profit = R36 000 O B. gross profit = R24 120 . C. gross profit = R26 120 O O O O . D. gross profit = R18 500 . E. gross profit = R27 120

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