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

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

Question 1 Report

Use the information below to answer the question that follows:

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 ₦25,000

Determine the total of the trial balance.

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