(begin{array}{c|c} & N\ hline text{Land and building} & 20,000\ Stock & 5,000\ text{Cash in hand} & 1,000\ text{Profit and loss b/f} & 14,000\ text{Rent owing} & 400\ Creditors & 11,000\ text{Furniture and fittings} & 7,500\ text{Motor vehicle} & 12,000 \
Debtors & 13,750\ text{Bank overdraft} & 8,750
end{array})
The opening capital is
Debtors & 13,750\ text{Bank overdraft} & 8,750
end{array})
The opening capital is
-
A.
N32,000 -
B.
N26,000 -
C.
N25,600 -
D.
N14,000