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Use the information below to answer the questionZazzau Company:Cash in hand........


Question

Use the information below to answer the question

Zazzau Company:

Cash in hand................₦50
Cash in bank................₦1 250
Stock.......................₦4 880
Furniture...................₦9 60
Building....................₦5 500
Debtor......................₦1 750
Creditors...................₦2 150

Drawings of ₦125 were made by the shareholders of the company.

The capital of the company stands at

Options

A)
₦12 240
B)
₦12 115
C)
₦2 510
D)
₦2 150

The correct answer is A.


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