Use the information below to answer the question:The owners wishes to maintain a...
Question
Use the information below to answer the question:
| Capital | ₦12 700 | Purchases | ₦7 100 |
| Debtors | ₦4 000 | Stationery | ₦1 900 |
| Sales | ₦2 400 | Wages | ₦1 230 |
The owners wishes to maintain an account equal to of capital as drawings.
What is the amount withdrawn?
Options
A)
₦9525
B)
₦9000
C)
₦7100
D)
₦6400
The correct answer is A.
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