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If the assets and liabilities of a firm were valued at N17,200 and N5,120 respectively,...

Accounts - Principles of Accounts
JAMB 2005
If the assets and liabilities of a firm were valued at N17,200 and N5,120 respectively, the capital of the firm would be?
  • A. N22 320
  • B. N17 200
  • C. N12 080
  • D. 5 120
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Correct Answer: Option C
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