Use the following information to answer the given question,
Interest on capital is 10%, the net profit for the year is N40,000. Baba’s Current Account balance on 31st December, 2000 is
A N35,500
B N25,000
C N21,000
D N20,000
Answer is A
Tutors, Past Questions and Projects.
Use the following information to answer the given question,
Interest on capital is 10%, the net profit for the year is N40,000. Baba’s Current Account balance on 31st December, 2000 is
A N35,500
B N25,000
C N21,000
D N20,000
Answer is A
