Motor: ₦10 000 Fixtures: ₦5 000 Cash: ₦2 500 Creditors: ₦7 000 Loan: ?LOAN IS 30...
Question
Motor: ₦10 000
Fixtures: ₦5 000
Cash: ₦2 500
Creditors: ₦7 000
Loan: ?
LOAN IS 30% OF CREDITORS.
What is the capital balance?
Options
A)
₦1000
B)
₦2 100
C)
₦900
D)
₦1200
The correct answer is B.
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