Use the information below to answer question
Total sales of ticket…………………..₦300 000
Amount received from the sales…………..₦260 000
Cash purchase of club house……………..₦100 000
Credit purchase of equipment ……………₦60 000
Electricity bill paid ………………….₦5 000
Salaries owed …………………………₦2 000
What is the balance of the income and expenditure account?
Options
A) ₦300 000
B) ₦293 000 >>>>>>>>>>
C) ₦193 000
D) ₦133 000
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