Given:
Capital ………..N1000
Liabilities……..N500
Assets………….N1500
A. N1000 + N500 + N1500 = N3000
B. N1000 – N500 + N1500 = N2000
C. N1000 + N500 = N1500
D. N1500 + N500 = N2000
Correct Answer:
Option C – N1000 + N500 = N1500
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