Given: capital N13,000; office machinery, N9,000; creditors N900, stock of goods N1,550; debtors, N275; cash…

Given: capital N13,000; office machinery, N9,000; creditors N900, stock of goods N1,550; debtors, N275; cash at bank, N5,075 and loan from Jumbo, N2,000. What is the balance sheet total?
  • A.
    N19,500
  • B.
    N18,500
  • C.
    N17,900
  • D.
    N15,900
Correct Answer: Option D
Explanation
You May Also Like