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. N5 780
B. N5 70
C. N6 580
D. N7 930
Correct Answer:
Option A – N5 780
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