Given:
What is the accumulated fund?
| EquipmentMotor VehicleLoanCreditorsSub in advanceSub in arrears | ₦10,00015,0004,5003,0001503500 |
What is the accumulated fund?
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Correct Answer: Option B
Explanation:
Accumulated fund = Assets - liabilities
10,000 + 15,000 + 3500 - 4500 + 3000 + 150
28,500 - 7650
₦20,850
Accumulated fund = Assets - liabilities
10,000 + 15,000 + 3500 - 4500 + 3000 + 150
28,500 - 7650
₦20,850