Determine the total of the trial balance.

Use the information below to answer the question that follows:

Given:

Fixed assets                               ₦85,600
Sales                                            ₦197,000
Stock                                            ₦34,300
Salaries                                       ₦37,000
Purchases                                  ₦127,700
Share capital                            ₦120,000
Creditors                                    ₦16,050
Motor expenses                        ₦10,500
Debtors                                       ₦25,000

Determine the total of the trial balance.

Options

A) ₦335,050

B) ₦333,050 >>>>>>>>>>>>>

C) ₦323,050

D) ₦230,550

The correct answer is B.

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