Given:
PTF Trial Balance [Extract] as at ...
Given:
PTF Trial Balance [Extract] as at 31 December, 1999
Dr Cr
N'000 N '000
Cash 2,000
Investments 3,000
Accounts receivable 6,000 11,000
Fund balance 11,000 11,000
Assuming all the investments realized N4m, what will be the ending fund balance?
N8m
N11m
N12m
N15m
Correct answer is C
No explanation has been provided for this answer.
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\(\begin{array}{c|c} & ₦\\ \hline \text{Balance as per cash book} & 8,000 Cr\\ \text{Unpre...