Concept:Unused stock means the goods still left unsold at the end of the accounting period, which is the closing stock.
Explanation:Opening stock is the stock brought forward from the previous period.
Purchases add to the goods available for sale during the period.
Sales reduce the stock because goods are sold out.
Closing stock is the value of the stock left over or unused at the end of the year.
From the given figures, the closing stock is
₦350.
Therefore, this closing stock represents the unused stock.
Answer:D.
₦350