Use the information below to answer question Capital.................................N60 000 Bank....................................N12 500 General expenses........................N5 250 Creditors...............................N17...
FINANCIAL
JAMB 2006
Use the information below to answer question
Capital.................................N60 000
Bank....................................N12 500
General expenses........................N5 250
Creditors...............................N17 000
Stock...................................N98 500
Fixed assets............................N42 000
Insurance and rates.....................N18 800
Purchase................................N63 850
Determine the total of the trial balance?
- A. N123 325
- B. N160 050
- C. N166 525
- D. N326 575
Correct Answer: C. N166 525
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *