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  9. Q26
Question 26

Chukwu's Capital at 1/1/89 and 31/12/89 were N30,000 and N50,000 respectively. During the year he introduced additional capital of N10,500 and withdrew N5,300 for private use. What is his profit for 1989?

  • A.N30,500
  • B.N25,300
  • C.N20,000
  • D.N15,800
  • E.14,800
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1992
Question no.
#26
Type
Objective
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