Use the information below to answer questions
The Assets and liabilities of Udo Co.ltd. as at 31st December, 2000.
Creditors ₦50,000
Debtors ₦46,000
Loan ₦100,000
Stock ₦20,000
Motor vehicle ₦120,000
Building ₦70,000
Accrued wages ₦30,000
Bank ₦25,000
The value of capital invested by the owners is?
Options
A) ₦110,000
B) ₦105,000
C) ₦101,000 >>>>>>>>>>
D) ₦100,000
The correct answer is C.
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