Use the following information to answer this question.
Okechuku enterprises extract as at 31st December, 2018.
₦
Stock at 1/1/2018 Stock at 31/12/2018 Furniture and fittings Equipment Creditors Debtors Started business with cash
10,000 30,000 25,000 40,000 41,000 5,000 59,000
What is the capital?
A.
₦70,000
B.
₦59,000
C.
₦41,000
D.
₦35,000
E.
₦20,000
Answer: B
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