Given: Drawings - #3,500 Net loss - #2,500 Capital 1/1/2007 - #35,000 Additional capital -

FINANCIAL
JAMB 2013

Given: Drawings - #3,500 Net loss - #2,500 Capital 1/1/2007 - #35,000 Additional capital - #10,000 The adjusted capital as at 31/1/2007 is

  • A. #35,000
  • B. #39,000
  • C. #45,000
  • D. #46,000

Correct Answer: B. #39,000



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