Given: Opening capitaL................N7 000 Additional capital.............N3 500 Net............................N2 500 Closing........................N10 250 The drawings for the...

JAMB 2007

Given:

Opening capitaL................N7 000
Additional capital.............N3 500
Net............................N2 500
Closing........................N10 250

The drawings for the period stand at?

A. N2570
B. N3750
C. N2500
D. N2570

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Correct Answer: Option A

Explanation

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