T. Trader sets aside from his private funds n1,500 for business purposes. The N1.500 would…

Accounts - Principles of Accounts WAEC 1989

T. Trader sets aside from his private funds n1,500 for business purposes. The N1.500 would be referred to as

  • capital checkmark
  • loan
  • reserve
  • drawings
  • profit

The correct answer is: A

Explanation

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