Use the information below to answer question.
Given:
Fixed assets N85,600
Sales N197,000
Stock N34,300
Salaries N37,000
Purchases N127,700
Share capital N120,000
Creditors N16, 050
Motor expenses N10,500
Debtors N25,000
What is the cash balance?
a
N12,095
b
N12,590
c
N12,905
d
N12,950
Explanation
Correct Option
dNo explanation available
Video Explanation
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