Given: Capital:..G………..N5 000 ……….T………..N8 000 Drawings: G………..N2 000 ……….T……….N1 000 Interest on capital..10% Interest on…

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Accounts - Principles of Accounts JAMB 2008

Given:

Capital:..G………..N5 000
……….T………..N8 000

Drawings: G………..N2 000
……….T……….N1 000

Interest on capital..10%
Interest on Drawings..5%

Find the interest on drawings of G?

  • N50
  • N100 checkmark
  • N200
  • N250

The correct answer is: B

Explanation

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