| # | |
| Land and building | 20,000 |
| Stock | 5,000 |
| Cash in hand | 1,000 |
| Profit and loss b/f | 14,000 |
| Rent owing | 400 |
| Creditors | 11,000 |
| Furniture and fittings | 7,500 |
| Motor vehicle | 12,000 |
| Debtors | 13,750 |
| Bank overdraft | 8,750 |
A. N32,750
B. N20,150
C. N19,750
D. N11,000
Correct Answer: Option B
B. N20,150
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…