\(\begin{array}{c|c} & & ₦ \\ \hline \text{capital accounts:} & Ojo & 40,000 \\ & Aina & 20,000 \\ \text{Drawings:} & Ojo & 10,000 \\ & Aina & 6,000 \\ \text{Interest on capital} & -5\text{%} & \\ \text{interest on drawings} & -10\text{%} & \\ \text{Net profit for the year} & N30,00 & \\ \text{Net profit for the year - Ojo} - \frac{2}{3} & & Aina - \frac{1}{3} \end{array}\)

Aina's current account balance is

Similar Questions

Subscription in advance is treated in the balance sheet of a club as ...

Which of the following belongs to the normal ledger? ...

Goodwill is ...

Jan. 1 Received 1,000 units at N10 each Jan. 2 Received 2,000 units at N12 each Jan. 3 Issued 1,50...

The amount called in respect of a share but not paid before or on the date fixed for payment is refe...

Which of the following is not charged to Manufacturing Account? ...

Purchases of goods from Obi had been entered in Obike's Account. This is an error of ...

Use the following information to answer the given question Kudi Local Government Council incurred...

Lankoh Company Ltd                      ...

Depreciation of assets is provided for provided for in consideration of ...