Given: Motor van, N3,600, Premises, N5,000; Loan from R. Nwaeke, N1,000; Cash at bank; N1,650;...
FINANCIAL
JAMB 1995
Given: Motor van, N3,600, Premises, N5,000; Loan from R. Nwaeke, N1,000; Cash at bank; N1,650; stock of goods N4,800; Creditors, N2,560; Cash in hand, N250 and debtors N6,910. calculate the capital figure.
- A. N19,650
- B. N18,650
- C. N17,850
- D. NN16,850
Correct Answer: B. N18,650
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