Given:
| ₦ | |
| Equipment | 10,000 |
| Motor Vehicle | 15,000 |
| Loan | 4,500 |
| Creditors | 3,000 |
| Sub in advance | 150 |
| Sub in arrears | 3500 |
A. ₦14,150
B. ₦20,850
C. ₦21,850
D. ₦14,200
Correct Answer: Option B
B. ₦20,850
Explanation
Accumulated fund = Assets – liabilities
10,000 + 15,000 + 3500 – 4500 + 3000 + 150
28,500 – 7650
₦20,850
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Co-Ownership Structures and Land Acquisition Methods in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Rights in Community Land and Fundamental Land Concepts in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Customary Land Control and the Origins of Nigeria's Land Use Act
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Land Ownership Principles and Transaction Laws in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.
Copyright warnings! Do not copy.
