Given: Capital...............................N2375 000 Debtors...............................N495 000 Motor vehicle.........................N870 000 Creditors.............................N245 000 Prepayment............................N500 000 Bills receivable......................N505 000...
FINANCIAL
JAMB 2009
Given:
Capital...............................N2375 000
Debtors...............................N495 000
Motor vehicle.........................N870 000
Creditors.............................N245 000
Prepayment............................N500 000
Bills receivable......................N505 000
Furniture.............................N150 000
What is the total debit for the trial balance?
- A. N4 690 000
- B. N2 620 000
- C. N2 520 000
- D. N1 565 000
Correct Answer: C. N2 520 000
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