Use the information below to answer question Net loss.......................N2300 Capital........................N10500 Liabilities....................N7200 What will be the...

JAMB 2007

Use the information below to answer question

Net loss.......................N2300
Capital........................N10500
Liabilities....................N7200

What will be the equity of the business?

A. N12 800
B. N4900
C. N8200
D. N9500

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Correct Answer: Option C

Explanation

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