Use the following information to answer the given questio...
Use the following information to answer the given question
\(\begin{array}{c|c} & N \\ \hline \text{10,000 ordinary shares of N1 each} & N10,000\\ \text{5,000 5% preference shares of N1 each} & N5,000 \\ \text{Profit and loss account} & N8,000 \\ \text{8% debenture} & 10,000 \\ creditors & 3,000 \\ \text{Bank overdraft} & 2,000 \\ \text{Plants and machinery} & 10,000 \\ \text{Plant and machinery} & 10,000 \\ \text{Furniture and fittings} & 8,000 \\ stock & 8,000 \\ debtors & 5,000 \end{array}\)
What is the total amount of fixed assets?
N28,000
N21,000
N18,000
N13,000
N10,000
Correct answer is E
No explanation has been provided for this answer.
The summary of receipts and payments account represent? ...
The contribution marginal on a job is the? ...
Which of the following does not appear in a bank statement? ...
The transactions relating to liquidation in partnership account is drawn by using? ...
Which of the following cannot depreciate? ...
The difference between factory cost of goods produced and its market value is ...
The objective of the purchase ledger control account is to established the? ...
In manufacturing accounts, finance expenses are charged to the ...