Deprecated: Return type of AdvancedAds\Abstracts\Data::offsetGet($offset) should either be compatible with ArrayAccess::offsetGet(mixed $offset): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /home/erudites/web/erudites.ng/public_html/wp-content/plugins/advanced-ads/includes/abstracts/abstract-data.php on line 431
From The Below, Calculate Fixed Assets. - Erudites Academy
Commerce WAEC

From the below, calculate Fixed assets.

The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018

Initial Capital 5000
Net Profit 1000
Furniture 2000
Equipment 2900
Debtors 100
Stock 1000
Bank 500

A. 6500
B. 2000
C. 4900
D. 600

Correct Answer: Option C

C. 4900

AddThis Website Tools
Sunday

Share
Published by
Sunday
Tags: Commerce
5 years ago

Recent Posts

EME 310 Theory Questions: Hypothesis TestingEME 310 Theory Questions: Hypothesis Testing

EME 310 Theory Questions: Hypothesis Testing

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

17 hours ago
EME 310 Theory Questions: Sampling Error And Sampling BiasEME 310 Theory Questions: Sampling Error And Sampling Bias

EME 310 Theory Questions: Sampling Error And Sampling Bias

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

17 hours ago
EME 310 Theory Questions: Sample And Sampling TechniquesEME 310 Theory Questions: Sample And Sampling Techniques

EME 310 Theory Questions: Sample And Sampling Techniques

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

17 hours ago

EME 310 Theory Question: Sources Of Literature – Project Writing

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

17 hours ago

EME 310 Theory Questions: Research Proposal Vs Research Abstract – Educational Research

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

22 hours ago

EME 310 Theory Questions: Research Topics

300 Level Research Methods In Education Practice exam questions and detailed answers. Download the answers in…

22 hours ago