Use the information below to answer question . Capital.......N12 700........Purchases......N7 100 Debtors.......N4 000........Stationery.....N1 900 Sales.........N2...
FINANCIAL
JAMB 2008
Use the information below to answer question .
Capital.......N12 700........Purchases......N7 100
Debtors.......N4 000........Stationery.....N1 900
Sales.........N2 400........Wages..........N1 230
The owners wishes to maintain an account equal to of capital as drawings.
What is the amount withdrawn?
- A. N9525
- B. N9000
- C. N7100
- D. N6400
Correct Answer: A. N9525
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