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WASSCE
Use the following information to answer questions 47 and 48.
Equity holders fund is
| Le | |
| Ordinary share capital | 70 000 |
| Retained earnings | 31 142 |
| Motor vehicle at cost | 21 136 |
| Accumulated depreciation | |
| motor vehicle | 7 109 |
| Furniture and fittings at cost | 1 334 |
| Accumulated depreciation- | |
| Furniture and fittings | 1 007 |
| Stock | 32 200 |
| Debtors | 49 380 |
| Bank | 15 953 |
| Creditors | 11 329 |
Equity holders fund is
A.
Le 22,480
B.
Le 111,832
C.
Le 101 142
D.
Le 70,000
Answer: D
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