Given: Capital at the beginning...............N20 000 Drawings...............................N3 000 Capital................................N30 000 New capital introduced.................N8 000 What...
FINANCIAL
JAMB 1997
Given: Capital at the beginning...............N20 000 Drawings...............................N3 000 Capital................................N30 000 New capital introduced.................N8 000 What is the profit for the period?
- A. N4 000
- B. N5 000
- C. N6 000
- D. N8 000
Correct Answer: B. N5 000
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