» Given: PTF Trial Balance [Extract] as at 31 December, 1999 Dr Cr N'000 N '000 Cash 2,000 Investments 3,000 Accounts receivable 6,000 11,000 Fund balance 1...

» Given:

PTF Trial Balance [Extract] as at 31 December, 1999

Dr Cr

N'000 N '000

Cash 2,000

Investments 3,000

Accounts receivable 6,000 11,000

Fund balance 11,000 11,000

If only 1/2 of the investments is sold for ₦2m and ₦5m realized from the accounts receivable what will be the balance of the fund?