Question on: WAEC Accounting - 2015
Use the following information to answer the question below
\(\begin{array}{c|c}
& 1/7/10 & 30/6/11 \
& D & D \
\hline
\text{Stock} & 1,460 & 4,200 \
\hline
\text{Motor Car} & 3,600 & 3,200 \
\hline
\text{Creditors} & 600 & 700
\end{array}\)
Drawings during the year amounted to D1,500.
Opening capital is
\(\begin{array}{c|c}
& 1/7/10 & 30/6/11 \
& D & D \
\hline
\text{Stock} & 1,460 & 4,200 \
\hline
\text{Motor Car} & 3,600 & 3,200 \
\hline
\text{Creditors} & 600 & 700
\end{array}\)
Drawings during the year amounted to D1,500.
Opening capital is
A
D5,660
B
D5,060
C
D4,460
D
D2,960
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Correct Option: C
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