Use the information below to answer question . Capital ……………….N2000 Bank ………………….N1200 Purchase ………………N2500 Sales…

Use the information below to answer question .
Capital ……………….N2000
Bank ………………….N1200
Purchase ………………N2500
Sales …………………N6700
Stock …………………N1300
Creditors ……………..N1000
Fixed assets……………N3700
Drawings ………………N?
Drawings are always estimated at 50% of capital.
The trial balance total is?
  • A.
    N9700
  • B.
    N8700
  • C.
    N7900
  • D.
    N7800
Correct Answer: Option A
Explanation
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