| # | |
| 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. N57,300
B. N47,500
C. N40,000
D. N37,500
Correct Answer: Option C
C. N40,000
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…