If the assets and liabilities of a firm were valued at N17200 and N5120 respectively; the capital of the firm would be? by Sunday | Dec 7 | Accounting JAMB | 0 comments A. N22 320 B. N17 200 C. N12 080 D. 5 120 Correct Answer: Option C – N12 080 Users Also Read These:The statement of assets and liabilities in the…The correct posting in a double entry system of…Excess of current assets over current liabilities is?The process whereby a firm buys over the assets and…The basis upon which assets of an organization is…