The owner wishes to maintain an amount equal to \( \frac{1}{3} \) of capital as...

Accounts - Principles of Accounts

JAMB 2004

The owner wishes to maintain an amount equal to \( \frac{1}{3} \)
of capital as drawings.

The amount withdrawn is

A. N2,100
B. N2,200
C. N4,400
D. N6,400

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Correct Answer: Option B

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The owner wishes to maintain an amount equal to \( \frac{1}{3} \) of capital as...

Correct Answer: Option B

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