Use the information below to answer question Net loss…………………..N2300 Capital……………………N10500 Liabilities………………..N7200 What will be the…

Accounts - Principles of Accounts JAMB 2007

Use the information below to answer question

Net loss…………………..N2300
Capital……………………N10500
Liabilities………………..N7200

What will be the equity of the business?

  • N12 800
  • N4900
  • N8200 checkmark
  • N9500

The correct answer is: C

Explanation

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