ACCOUNT

JAMB 2019 - Question 14

Account 2019 JAMB Past Questions - Question 14: If only 1/3 of the investments is sold for N2m and N5m realized from the accounts receivable, what will be the balance of the fund? 

use the information below to answer questions 13 and 14
If only 1/3 of the investments is sold for N2m and N5m realized from the accounts receivable, what will be the balance of the fund? 
If only 1/3 of the investments is sold for N2m and N5m realized from the accounts receivable, what will be the balance of the fund? 
A:
B:
C:
D:
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Correct Answer

C

Explanation