Use the information below to answer question . Capital…….N12 700……..Purchases……N7 100 Debtors…….N4 000……..Stationery…..N1 900 Sales………N2…

Use the information below to answer question .
Capital…….N12 700……..Purchases……N7 100
Debtors…….N4 000……..Stationery…..N1 900
Sales………N2 400……..Wages……….N1 230
The owners wishes to maintain an account equal to of capital as drawings.
What is the amount withdrawn?
  • A.
    N9525
  • B.
    N9000
  • C.
    N7100
  • D.
    N6400
Correct Answer: Option A
Explanation
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