ACCOUNTING

JAMB 2016 - Question 2

Account 2016 JAMB Past Questions - Question 2: The records of Superstores shows a loan of N14, 000 from Bala, creditor N8,000 and assets N190, 500. What is the firm's capital?

The records of Superstores shows a loan of N14, 000 from Bala, creditor N8,000 and assets N190, 500. What is the firm's capital?
A:
B:
C:
D:
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Correct Answer

A

Explanation