Question 0
A proprietor started business with #13,000. Assets and liabilities at the end of the year; fixed assets #8,800, stock #, 600, debtors #1,000, cash #3, 000 and creditors #1,000. Determine the profit for the year?
Objective
Question details
- Exam body
- JAMB
- Subject
- Accounts - Principles of Accounts
- Year
- 2016
- Question no.
- #0
- Type
- Objective
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