Given:
Liabilities..............N23,700
Current assets...........N20,300
Fixed assets.............N64,500

What is the capital introduced by the proprietor?

Similar Questions

Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS ...

One of the major features of book keeping is that it ...

An asset was bought on 1st January, 1992 for N20,000. Depreciation was provided for annually at 20% ...

Which of the following transactions is a revenue expenditure? ...

Lankoh Company Ltd                      ...

The objective of allocating all costs to producer is to? ...

The concept that states that a business should not lay claim to any profits before it is earned with...

Which of the following accounts are found in the nominal ledger? I. Advertising ll.Motor repairs ...

X and Y are two departments that are to share 50% of all joint costs equally and the balance in rati...

The amount for which a business is sold is that ...