Given: capital N13,000; office machinery, N9,000; creditors N900, stock of goods N1,550; debtors, N275; cash at bank, N5,075 and loan from Jumbo, N2,000. What is the balance sheet total?
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A.
N19,500
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B.
N18,500
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C.
N17,900
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D.
N15,900
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JAMB 1997