\(\begin{array}{c|c} & Baba & Tude\\ & N &...
Use the following information to answer the given question
\(\begin{array}{c|c} & Baba & Tude\\ & N & N \\ \hline \text{Capital Accounts 1 January, 2000} & 40,000 & 50,000\\ \text{Current Accounts 1 January, 2000} & 20,000Cr & 15,000Cr \\ \text{Drawings during the year} & 4,000 & 15,000\\ Salaries & 5,000 & 5,000\end{array}\) Interest on capital is 10%, the net profit for the year is N40,000. Tunde's Current Account balance on 31st December, 200 is
N30,000
N25,500
N25,000
N10,000
Correct answer is D
No explanation has been provided for this answer.
Departmental accounts are prepared to aid the comparison of the? ...
Which of the following is a source of revenue to the federation account? ...
Cost of extension to a factory building is classified as ...
Transfers from the head office to branches are best carried out at? ...
The accumulated fund for a not-for-profit making organization is ...
Which of the following is not true of capital expenditure? i. assets acquired for the purpose...
The major point of agreement carried by the partnership deed is? ...
Use the following information to answer the given question \(\begin{array}{c|c} & Le \\ \hl...