Question 39

Use the following information to answer the given question
\(\begin{array}{c|c} & N \\ \hline \text{Fixed assets} & 12,000 \\ \text{Current assets} & 5,000 \\ \text{Current liabilities} & 2,300 \\ Capital & 10,000 \\ \text{Long term liabilities} & 4,700\end{array}\)
What is the total net assets?

  • A.N17,300
  • B.N17,000
  • C.N15,000
  • D.N14,700
  • E.N12,000
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1996
Question no.
#39
Type
Objective

More from this paper

See all Accounts - principles of accounts 1996 questions