Given:
Fixed assets N85,600
Sales N197,000
Stock N34,300
Salaries N37,000
Purchases N127,700
Share capital N120,000
Creditors N16, 050
Motor expenses N10,500
Debtors N25,000
What is the cash balance?
N12,095
N12,590
N12,905
N12,950
Correct answer is D
No explanation has been provided for this answer.