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Use the information below to answer questionGiven: 31/12/98 31/12/99Assets: Plant an...

Use the information below to answer question

Given: 31/12/98 31/12/99

Assets: Plant and Mach. ₦1,500 ₦1,200

Fixtures ₦700 ₦520

Stock ₦500 ₦600

Debtors ₦900 ₦400

Cash ₦200 ₦300

Liabilities: Creditor ₦500 ₦600

Loan ₦600 ₦400

Determine the total fixed assets from the opening balance sheet?

₦2,200

₦2,020

₦1,720

₦2,070

The correct answer is B.

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