Use the information below to answer question . .........................31 Dec. 05........31 Dec. 06 Total fixed assets.........₦7 800............₦6 600 Tot...

Question 1 Report

Use the information below to answer question .

.........................31 Dec. 05........31 Dec. 06

Total fixed assets.........₦7 800............₦6 600

Total current assets.......₦12 100............₦17800

Total current liabilities..₦4 700............₦3 800

Drawings for 2006 is ₦5 200.

Determine the capital balance as at Dec. 31,2005?

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