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Use the information below to answer question. Given: Fixed assets N85,600 Sales N197,000 Stock N34,300...

Accounts - Principles of Accounts
JAMB 2001

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

Determine the total of the trial balance?
  • A. N335,050
  • B. N333,050
  • C. N323,050
  • D. N230,550
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Correct Answer: Option B
Explanation
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