The following is a summary of the asset and liabilities of Ojo trading company as at 31st December, 2018
From the above, calculate Fixed assets
| Initial Capital | 5000 |
| Net Profit | 1000 |
| Furniture | 2000 |
| Equipment | 2900 |
| Debtors | 100 |
| Stock | 1000 |
| Bank | 500 |
From the above, calculate Fixed assets
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option C
Explanation:
Â
| Fixed Assets | Â Â N |
| Furniture | 2000 |
| Equipment | 2900 |
| Â | 4900 |
Â