Use the information below to answer questions Given: Returns inwards............₦1500 Cash.......................₦1550 Discount...................₦2850 Capi...

First, we need to calculate the value of sundry expenses using the information given. We know that returns inwards are ₦1500, so 150% of returns inwards is: 150/100 x 1500 = ₦2250 We also know that debtors are ₦900, so 50% of debtors is: 50/100 x 900 = ₦450 Therefore, the value of sundry expenses is: ₦2250 + ₦450 = ₦2700 We can now fill in this value in the information given, and find the missing value: Returns inwards............₦1500 Cash.......................₦1550 Discount...................₦2850 Capital....................₦3800 Debtors....................₦900 Sundry.....................₦2700 To find the missing value, we need to use the basic accounting equation: Assets = Liabilities + Owner's Equity We can rearrange this equation to solve for the missing value: Assets - (Liabilities + Owner's Equity) = 0 We know the value of all the items except for "sundry", which we just calculated to be ₦2700. Plugging in the numbers, we get: (₦1500 + ₦1550 + ₦2850 + ₦3800 + ₦900 + ₦2700) - 0 = N Simplifying this expression, we get: ₦12400 = N Therefore, the missing value, which is the value of "sundry", is ₦12400. Answer: ₦2700