Amina Enterprises Balance Sheet as at 30/3/99 Liabilities ₦ Assets ₦ Share capital 400,000 Land 200,000 Reserve fund 200,000 Buildings 150,000 Creditors 110...

Question 1 Report

Amina Enterprises Balance Sheet as at 30/3/99
Liabilities Assets
Share capital 400,000 Land 200,000
Reserve fund 200,000 Buildings 150,000
Creditors 110,000 Machinery 200,000
Bills payable 50,000 Implements 20,000
Undistributed profits 45,000 Office fittings 5,000
Wages due 5,000 Raw materials 100,000
    Finished goods 50,000
    Debtors 20,000
    Bills receivable 15,000
    Cash at bank 45,000
    Cash at hand 5,000

Use the information below to answer question

What is the total fixed capital?

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