Find the value of the total assets?

By: |Published on: Dec 5|Categories: Accounting JAMB| 0 comments

Use the information below to answer question

Net loss…………………..N2300
Capital……………………N10500
Liabilities………………..N7200

A. N17 700
B. N10 500
C. N20 000
D. N15 400

Correct Answer:

Option D – N10 500

Users Also Read These:

SEE ALSO  An advantage of using accounting ratios is that?

Copyright warnings! Do not copy.