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What is the amount withdrawn?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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