1/1/2010 | 31/12/2010 | |
Creditors | ₦9,000 | ₦9,800 |
Rent owing | ₦3,800 | ₦2,500 |
Rates prepaid | ₦2,000 | ₦3,500 |
Motor van | ₦8,000 | ₦8,000 |
Premises | ₦10,000 | ₦10,500 |
Find the opening capital.
Options
A) ₦5,700
B) ₦7,700
C) ₦9,800
D) ₦14,900
The correct option is B
We have WAEC, GCE, NECO, JAMB ONLINE TUTORIAL CLASS that can help you out. CLICK HERE TO GET STARTED.
FOR SHORT TUTORIAL VIDEOS ON YOUTUBE CLICK HERE AND SUBSCRIBE