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 correct posting in a double entry system of…What is the difference between current assets and…Write short notes on any five of the following: (a)…The basis upon which assets of an organization is…The capital sum which represents the difference…