\(\begin{array}{c|c} & N\\ \hline \text{Land and buil...
NLand and building20,000Stock5,000Cash in hand1,000Profit and loss b/f14,000Rent owing400Creditors11,000Furniture and fittings7,500Motor vehicle12,000Debtors13,750Bank overdraft8,750
The value of fixed assets is
N57,300
N47,500
N40,000
N37,500
Correct answer is C
No explanation has been provided for this answer.
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