The trial balance total is?

Capital ……………….N2000
Bank ………………….N1200
Purchase ………………N2500
Sales …………………N6700
Stock …………………N1300
Creditors ……………..N1000
Fixed assets……………N3700
Drawings ………………N?
Drawings are always estimated at 50% of capital.

A. N9700
B. N8700
C. N7900
D. N7800

Correct Answer:

Option A – N9700