Use the following information to answer the given question,
Interest on capital is 10%, the net profit for the year is N40,000. Tunde’s Current Account balance on 31st December, 200 is
A N30,000
B N25,500
C N25,000
D N10,000
Answer is D
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. Tunde’s Current Account balance on 31st December, 200 is
A N30,000
B N25,500
C N25,000
D N10,000
Answer is D
