Zakari started a business in January 2000. He bought a shop costing N54,000 and stock
ECONOMICS
JAMB 2004
Zakari started a business in January 2000. He bought a shop costing N54,000 and stock worth N7,600. Profit for the year amounted to 22,100. His closing capital was N73,800. Zakari's personal drawings amounted to?
- A. N2,300
- B. N9,900
- C. N17,100
- D. N19,500
Correct Answer: A. N2,300
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