Accounts - Principles of Accounts
JAMB 2002
Use the information below to answer question . Statement of assets and liabilities as at 31st December, 2001. Shareholders' interest N240 Current liabilities N20 Current assets N110 Fixed assets N140
Determine the value of the trade investment?
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A.
N8m
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B.
N10m
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C.
N15m
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D.
N20m
Correct Answer: Option B
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