Zazzau Company: Cash in hand................N50 Cash in bank................N1 250 Stock.......................N4 880 Furniture...................N9 60 Building....................N5 500...
FINANCIAL
JAMB 2005
Zazzau Company: Cash in hand................N50 Cash in bank................N1 250 Stock.......................N4 880 Furniture...................N9 60 Building....................N5 500 Debtor......................N1 750 Creditors...................N2 150 Drawings of N125 were made by the shareholders of the company. They company's net current assets amount to?
- A. N5 780
- B. N5 70
- C. N6 580
- D. N7 930
Correct Answer: A. N5 780
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