1/1/2010 31/12/2010 Creditors - #9,000 #9,800 Rent owing - #3,800 #2,500 Rates prepaid - #2,000

FINANCIAL
JAMB 2013

1/1/2010 31/12/2010 Creditors - #9,000 #9,800 Rent owing - #3,800 #2,500 Rates prepaid - #2,000 #3,500 Motor van - #8,000 #8,000 Premises - #10,000 #10,500 Find the opening capital

  • A. #5,700
  • B. #7,700
  • C. #9,800
  • D. #14,900

Correct Answer: B. #7,700



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