Given:
PTF Trial Balance [Extract] as at 31 December, 1999
Dr Cr
N’000 N ‘000
Cash 2,000
Investments 3,000
Accounts receivable 6,000 11,000
Fund balance 11,000 11,000

A. N8m
B. N 11M
C. N12M
D. N15M

Correct Answer:

Option C – N12M

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