ACCOUNTING
JAMB 2003 - Question 16
Account 2003 JAMB Past Questions - Question 16: Capital..................N............N........Land and building.......18470........24000....Mortgage on premises...................11090...Drawings...............3000...................Profit and loss........................3600...Furniture and fittings...5120.................Motor Vehicles...........3462................Closing Stock............3000................Debtors..................11474...............Creditors..............................7354.Cash.....................1518..........................................46044.........46044 Calculate the value of fixed assets
use the information below to answer the questions 15 and 16
Land and building.......18470........24000....
Mortgage on premises...................11090...
Drawings...............3000...................
Profit and loss........................3600...
Furniture and fittings...5120.................
Motor Vehicles...........3462................
Closing Stock............3000................
Debtors..................11474...............
Creditors..............................7354.
Cash.....................1518................
..........................46044.........46044
Calculate the value of fixed assets
A:
B:
C:
D:
Correct Answer
D