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 Calculate the closing capital
- A. #8,700
- B. #9,500
- C. #9,700
- D. #10,700
Correct Answer: C. #9,700
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