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WASSCE


Use the following information to answer this question

Opening capital
Drawings
Trade creditors
Trade debtors
Cash in hand
Net profit
D
10,800
2,500
2,560
2,880
1,000
6,000



The closing capital is

A.
D 16,800
B.
D 14,300
C.
D 8,300
D.
D 7,300

Answer: B

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