Interest on capital is 10%. The net profit for the year is N60,000. The balance on Halima’s current account on 31st December, 1992 is
A N66,500
B N53,300
C N51,500
D N43,500
Answer is D
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Interest on capital is 10%. The net profit for the year is N60,000. The balance on Halima’s current account on 31st December, 1992 is
A N66,500
B N53,300
C N51,500
D N43,500
Answer is D
