Given:Assets and Liabilities of a Local Government Bank balance #6,484,000 Cash ₦900,000 General revenue balances #9,774,500 Accrued salaries #1,220,000 Inv...

Question 1 Report

Given:Assets and Liabilities of a Local Government

Bank balance #6,484,000

Cash ₦900,000

General revenue balances #9,774,500

Accrued salaries #1,220,000

Investment in shares #1,480,000

Vehicles #7,620,000Calculate the liabilities of the local government

#10,994,500

#17,394,500

#18,774,500

#18,874,500

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