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  5. Given: Capital:.....

Given: Capital:..G...........N5 000 ..........T...........N8 000 Drawings: G...........N2 000 ..........T..........N1 000 Interest on capital..10% Interest on...

Accounts - Principles of Accounts
JAMB 2008
Given:

Capital:..G...........N5 000
..........T...........N8 000

Drawings: G...........N2 000
..........T..........N1 000

Interest on capital..10%
Interest on Drawings..5%

Find the interest on drawings of G?
  • A. N50
  • B. N100
  • C. N200
  • D. N250
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Correct Answer: Option B
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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