What is the total debit for the trial balance?
Given:
Capital………………………….N2375 000
Debtors………………………….N495 000
Motor vehicle…………………….N870 000
Creditors………………………..N245 000
Prepayment……………………….N500 000
Bills receivable………………….N505 000
Furniture………………………..N150 000
What is the total debit for the trial balance?
A N4 690 000
B N2 620 000
C N2 520 000
D N1 565 000
Answer is C
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