Use the following to answer the given question
| ₦ | |
| Premises | 100,000 |
| Plant | 50,000 |
| Fixtures | 30,000 |
| Stock | 2,000 |
| Debtor | 10,000 |
| Cash | 10,000 |
| Creditors | 20,000 |
Total asset is ________?
A. ₦240,000
B. ₦220,000
C. ₦200,000
D. ₦180,000
Correct Answer: Option B
B. ₦220,000
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