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Use the information below to answer this question A B C Balance Sheet as at ...

Use the information below to answer this question
A B C Balance Sheet as at 31/12/2004
₦Share capital 200,000Reserves 100,000Long term liabilities 40,000Current liabilities 30,000 370,000 ₦Fixed assets 180,000Investment 100,000Current assets 50,000Fictitious assets 40,000 370,000



The total sum of financing short term projects is
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  • A ₦ 30,000
  • B ₦200,000
  • C ₦70,000
  • D ₦40,000
Correct Answer: Option B
Explanation:

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