Capital……………………………N60 000
Bank………………………………N12 500
General expenses……………………N5 250
Creditors………………………….N17 000
Stock……………………………..N98 500
Fixed assets……………………….N42 000
Insurance and rates…………………N18 800
Purchase…………………………..N63 850
A. N6745
B. N6754
C. N6475
D. N6574
Correct Answer:
Option C – N6475
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