Use the information below to answer question. Given:Fixed assets ₦85,600 Sales ₦197,000 Stock ₦34,300 Salaries ₦37,000 Purchases ₦127,700 Share capital ₦120...

Assessment: JAMB UTME - Principles of Accounts - 2001 Subject: Financial Accounting

Question 1 Report

Use the information below to answer question.

Given:Fixed assets ₦85,600

Sales ₦197,000

Stock ₦34,300

Salaries ₦37,000

Purchases ₦127,700

Share capital ₦120,000

Creditors ₦16, 050

Motor expenses ₦10,500

Debtors ₦25,000Determine the total of the trial balance?

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