Determine the amount of prepaid rates?

Zakari’s personal drawings amounted to?

Zakari started a business in January 2000. He bought a shop costing N54,000 and stock worth N7,600. Profit for the year amounted to 22,100. His closing capital was N73,800. A. N2,300 B. N9,900 C. N17,100 D. N19,500 Correct Answer: Option A –...

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