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Given: PTF Trial Balance [Extract] as at 31 December, 1999 Dr Cr N'000 N ...

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 endig fund balance?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A N8m
  • B N 11M
  • C N12M
  • D N15M
Correct Answer: Option C
Explanation:

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