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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



What is the capital employed?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A ₦ 340,000
  • B ₦ 200,000
  • C ₦ 300,000
  • D ₦ 170,000
Correct Answer: Option C
Explanation:

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