N2,600
N1,800
N800
N600
Correct answer is C
Working capital = current assets - current liabilities
2000 - 1200 = 800
The reaction \(2H_2 S + SO_2 \to 3S + 2H_2 O\) is
not a redox reaction because there is no oxidant in the reaction
not a redox reaction because there is no reductant in the reaction
a redox reaction in which H\(_2\)S is the oxidant and SO\(_2\) is the reductant
a redox reaction in which SO\(_2\) is the oxidant and H\(_2\)S is the reductant
Correct answer is D
No explanation has been provided for this answer.
N9,400
N6,000
N3,400
N3,000
Correct answer is D
Capital = Assets - liabilities
Assets = Fixed assets + current assets + drawings
2000 + 4000 + 200 = 6200
Liabilities = current liabilities + longterm loans
1200 + 2000 = 3200
6200 - 3200 = 3000
N24,700
N25,200
N26,200
N27,700
Correct answer is A
Balance per bank is the ending cash balance appearing on a bank statement.
Hence we have; cashbook balance + unpresented cheques + direct bank debit - (direct credit + cashbook credit)
20,000+5200+1000 - (1000+500) = 24,700
Error by the bank
Undercasting of the cash book
Overcasting of the cash book
Bank service charges
Correct answer is A
No explanation has been provided for this answer.