Given: Liabilities..............N23,700 Current assets...........N20,300 Fixed assets.............N64,500 The total trial balance is?

FINANCIAL
JAMB 2005

Given:

Liabilities..............N23,700

Current assets...........N20,300

Fixed assets.............N64,500

The total trial balance is?

  • A. N110,000
  • B. N65,000
  • C. N55,000
  • D. N45,000

Correct Answer: C. N55,000



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