Use the information below to answer the questionCapital ...................₦20...

Question

Use the information below to answer the question

Capital ...................₦2000

Bank ......................₦1200

Purchase ..................₦2500

Sales .....................₦6700

Stock .....................₦1300

Creditors .................₦1000

Fixed assets...............₦3700

Drawings ..................N?

Drawings are always estimated at 50% of capital.

Compute the amount withdrawn

Options

D)

₦1000