Given:

Liabilities…………..N23,700
Current assets………..N20,300
Fixed assets………….N64,500

A. N40,800
B. N61,100
C. N88,200
D. N108 500

Correct Answer:

Option B – N61,100

SEE ALSO  Bariga; a stock broker bought stationery for N12000 by cash. To record this transaction; debit?

Copyright warnings! Do not copy.