Ordinary share----------------------------------70,000
Retained earnings-----------------------------31,142
Motor vehicle at cost--------------------------21,136
Accumulated dep. - motor vehicle---------7,109
Furniture and fittings at cost----------------1,334
Accumulated dep. fur & fitts at cost-------1,007
Stock----------------------------------------------32,200
Debtors-------------------------------------------49,380
Bank-----------------------------------------------15,953
Creditors------------------------------------------11,329

Net book value of fixed assets is.........

Similar Questions

Use the following information to answer the given question: \(\begin{array}{c|c} \text{Date of de...

An organization which has records of only personal accounts is said to be operating on the basis of ...

An ordinary share of N80 was issued at N96. The share was issued at? ...

"Transactions are governed by legal principles, but are nevertheless accounted for and presente...

Buhari and Osinbajo are in partnership with the following partnership agreement     Buhar...

Use the following information to answer the given question \(\begin{array}{c|c} & Ade &...

Debtors on 1st January was N1,490 and sales for the year was N5,760. Cash received from debtors duri...

An agreement made by partners to regulate and govern their business activities is known as ...

The initial imprest as at July Ist was N500. Petty cash vouchers with the custodian by July 15th add...

The accounts of Jute Enterprise in the books of a supplier will be a ...