Use the following information to answer the given questio...
Use the following information to answer the given question
\(\begin{array}{c|c} & N \\ \hline \text{Furniture and Fittings} & 15,000 \\ \text{Land and building} & 40,000 \\ \text{Motor Vehicles} & 25,000 \\ Stock & 10,000 \\ Debtors & 27,000 \\ \text{Cash in hand} & 2,000 \\ \text{Bank overdraft} & 17,500 \\ \text{Profit and loss b/d} & 28,000 \\ \text{Rent owing} & 800 \\ \text{Sundry creditors} & 22,000\end{array}\)
The opening capital is
N52,2000
N51,200
N48,300
N39,500
Correct answer is B
No explanation has been provided for this answer.
Which of the following is not part of factory overhead? ...
i) Stock of goods ii) Furniture iii)Creditors iv) Cash at bank v) Loan from the bank De...
If Fatima was granted a discount of 2% what will be discount allowed? ...
The Chief accounting officer of the Federation Republic of Nigeria is the ...
An accountant must not only be interested in record keeping but also in ...
A service which a firm has enjoyed, but has not yet been paid for is ...
A partners whose liability goes beyond his capital is known as ...
Sales--------------- 120,000 Purchase-----------100,000 Opening stock-----10,000 Closing stock---...