Use the following information to answer the question below
| D | |
| Motor vehicle | 500000 |
| Stock | 35000 |
| Debtors | 18000 |
| Cash | 12850 |
| Bank Overdraft | 280000 |
| Creditors | 21500 |
A. D 867,350
B. D 544,350
C. D 264,350
D. D 832,350
Correct Answer:
Option C = D 264,350
Explanation
Capital = Total Asset – Total Liabilities
= ( 500,000 + 35,000 + 18,000 +12,850) – (280,000 + 21,500)
= 264,350
Download Business Administration Project Topic PDF - Effects of Job Stress on Employee’s Performance in Evans Nigeria
Original price was: ₦600.00.₦300.00Current price is: ₦300.00.
Download Accountancy Project Topic PDF - Effect Of Cost Control On The Profit Of An Organization (A Case Study Viju Milk Industries Nigeria Limited)
Original price was: ₦600.00.₦400.00Current price is: ₦400.00.
Download Animal Production Journal Article PDF - Performance of Some Forage Rass Species in the Southern Guinea Savannah Agro-Ecological Zone in Nasarawa State of Nigeria
Original price was: ₦600.00.₦300.00Current price is: ₦300.00.
Download Conference Paper Article PDF - Video Summarization Based Handout Generation from Video Lectures: A Gesture Recognition Framework
Original price was: ₦600.00.₦300.00Current price is: ₦300.00.
Download Conference on Advanced Computer Theory Article PDF - Real-Time Mono Vision Gesture-Based Virtual Keyboard System
Original price was: ₦600.00.₦300.00Current price is: ₦300.00.
Copyright warnings! Do not copy.
