Given January December Assets N28 320 N25 320 C... - JAMB Accounting 2006 Question
Given:
....................January.............December
Assets................N28,320.............N25,320
Creditors.............N5,620..............N10,320
The proprietor made drawings of N755 per month for personal use.
The profit for the period is?
....................January.............December
Assets................N28,320.............N25,320
Creditors.............N5,620..............N10,320
The proprietor made drawings of N755 per month for personal use.
The profit for the period is?
A
N3000
B
N1,360
C
N9060
D
N7700
correct option: b
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