Zazzau Company:
Cash in hand…………….N50
Cash in bank…………….N1 250
Stock…………………..N4 880
Furniture……………….N9 60
Building………………..N5 500
Debtor………………….N1 750
Creditors……………….N2 150
A. N12 240
B. N12 115
C. N2 510
D. N2 150
Correct Answer:
Option A – N12 240
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