Given: Capital...............................N2375 000 Debtors...............................N495 000 Motor vehicle.........................N870 000 Creditors.............................N245 000 Prepayment............................N500 000 Bills receivable......................N505 000...

JAMB 2009

Given:

Capital...............................N2375 000
Debtors...............................N495 000
Motor vehicle.........................N870 000
Creditors.............................N245 000
Prepayment............................N500 000
Bills receivable......................N505 000
Furniture.............................N150 000

What is the total debit for the trial balance?

A. N4 690 000
B. N2 620 000
C. N2 520 000
D. N1 565 000

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Your School's Whatsapp Group - Join Us now

Correct Answer: Option C

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here

Previous Next

Go back to Acc classroom

Report an Error Ask A Question Download App