Yahuza Enterpises Trial Balance (Extracts) as at Dec. 31, 1998. Capital ...

Question

Yahuza Enterpises
Trial Balance (Extracts) as at Dec. 31, 1998.
Capital
Premises: ₦90,000; ₦21,000
Debtors: ₦35,000
Provisions 1/1/98:
Depreciation: ₦9,000
Bad and doubtful: ₦1,500

If premises is to be depreciated at 10% on cost and a 5% provision is to be allowed on debtors, the total asset in the balance sheet is

Options

D)

₦105,250