Given:
………………..January………….December
Assets…………….N28,320………….N25,320
Creditors………….N5,620…………..N10,320
The proprietor made drawings of N755 per month for personal use.
The profit for the period is?
A N3000
B N1,360
C N9060
D N7700
Answer is B
Follow me on twitter @campusflava for free cash/credit giveaway ( School fees support, Full waec, jamb, neco, app activation etc)
