Question 59
What is the value for fixed assets ?
Use the following information that appeared in the balance sheet of Mrs. Fatimah Oladokun to answer this question.
| Land | 102539 |
| Creditor | 12000 |
| Cash at bank | 54000 |
| Cash at hand | 9700 |
| Machinery | 48000 |
| Debtors | 24000 |
| Loan | 10000 |
Objective