Given: Liabilities..............N23,700 Current assets...........N20,300 Fixed assets.............N64,500 What is the capital introduced by the proprietor?...
FINANCIAL
JAMB 2005
Given:
Liabilities..............N23,700
Current assets...........N20,300
Fixed assets.............N64,500
What is the capital introduced by the proprietor?
- A. N40,800
- B. N61,100
- C. N88,200
- D. N108 500
Correct Answer: B. N61,100
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