If the assets and liabilities of a firm were valued at N17,200 and N5,120 respectively,…

Accounts - Principles of Accounts JAMB 2005

If the assets and liabilities of a firm were valued at N17,200 and N5,120 respectively, the capital of the firm would be?

  • N22 320
  • N17 200
  • N12 080 checkmark
  • 5 120

The correct answer is: C

Explanation

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