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.
Compute the amount withdrawn
A.
N2000
B.
N1500
C.
N1250
D.
N1000
Correct answer is D
No explanation has been provided for this answer.