Total current assets..................N2,000
Total fixed assets....................N4,000
Current liabilities...................N1,200
Drawings..............................N200
Long-term loan........................N2,000

Determine the capital of the business?

Similar Questions

If goods are sent to to branch at 25% on cost, what will be the cost of goods sent to the branch at ...

Use the following information to answer the given question. The Receipts and Payments Account of Aca...

Aduke Motors bought three Toyota Hilux vans on cash at the cost of #6,000,000, on debiting the vehic...

Which of the following is mostly used in treating partner's current earnings? ...

\(\begin{array}{c|c} & \text{1/6/2011} & \text{30/5/2012}\\ & D & D \\ \hline \text{...

Which of the following has multiple uses? ...

Use the following information to answer the question \(\begin{array}{c|c} \text{Unpresented che...

The minimum number of persons required to form a partnership business is ...

Which of the following is not a purpose for which share premium may be utilized? ...

A manufacturing account is drawn up by ...