Use the information below to answer question . Capital.......N12 700........Purchases......N7 100 Debtors.......N4 000........Stationery.....N1 900 Sales.........N2...

JAMB 2008

Use the information below to answer question .

Capital.......N12 700........Purchases......N7 100
Debtors.......N4 000........Stationery.....N1 900
Sales.........N2 400........Wages..........N1 230

The owners wishes to maintain an account equal to of capital as drawings.

What is the amount withdrawn?

A. N9525
B. N9000
C. N7100
D. N6400

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Correct Answer: Option A

Explanation

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