Given: Liabilities…………..N23,700 Current assets………..N20,300 Fixed assets………….N64,500 What is the capital introduced by the proprietor?

Accounts - Principles of Accounts JAMB 2005

Given:

Liabilities…………..N23,700
Current assets………..N20,300
Fixed assets………….N64,500

What is the capital introduced by the proprietor?

  • N40,800
  • N61,100 checkmark
  • N88,200
  • N108 500

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment