Use the information below to answer question .
…………………….31 Dec. 05……..31 Dec. 06
Total fixed assets………N7 800…………N6 600
Total current assets…….N12 100…………N17800
Total current liabilities..N4 700…………N3 800
Drawings for 2006 is N5 200.
Determine the capital balance as at Dec. 31,2005?
- N20 600
-
N15 200
- N13 800
- N11 600