Use the information below to answer questions
……………………1/7/2005…………30/6/2006
Drawings……………………………….N3 000
Capital……………..25 000……………N42 500
Furniture……………6 500……………N10 200
Additional capital during the year amounts to 300% of the drawings.
What is the amount of the additional capital?
A N900
B N900 000
C N90 000
D N9 000
Answer is D
