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1 1 2010 31 12 2010 Creditors - 9 000 9 800 Ren... - JAMB Accounting 2013 Question

1/1/2010 31/12/2010
Creditors - #9,000 #9,800
Rent owing - #3,800 #2,500
Rates prepaid - #2,000 #3,500
Motor van - #8,000 #8,000
Premises - #10,000 #10,500

Calculate the closing capital
A
#8,700
B
#9,500
C
#9,700
D
#10,700
correct option: c
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