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:In a non-profit making organisation, the excess of…The statement of assets and liabilities in the…Excess of current assets over current liabilities is?The difference between the total assets and total…The capital sum which represents the difference…