Given:
| PTF Trial Balance [Extract] as at 31 December, 1999 | ||
| Dr (₦’000) | Cr (₦’000) | |
| Cash | 2,000 | |
| Investments | 3,000 | |
| Accounts receivable | 6,000 | 11,000 |
| Fund balance | 11,000 | 11,000 |
Assuming all the investments realized ₦4m, what will be the ending fund balance?
Options
A) ₦8m
B) ₦11m
C) ₦12m
D) ₦15m
The correct option is C
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