The Assets and liabilities of Udo Co.ltd. as at 31st Dece...
The Assets and liabilities of Udo Co.ltd. as at 31st December, 2000.
Creditors N50,000
Debtors N46,000
Loan N100,000
Stock N20,000
Motor vehicle N120,000
Building N70,000
Accrued wages 30,000
Bank N25 ,000
The value of capital invested by the owners is
N110,000
N105,000
N101,000
N100,000
Correct answer is C
No explanation has been provided for this answer.
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