Uju Nig. Ltd. Balance Sheet (Extract) ₦ ₦ Capital 200,000 Land and building 250,000 Net profit 50,000 Stock 20,000 5% debenture 100,000 Debtors 50,000 Credi...

Question 1 Report

Uju Nig. Ltd. Balance Sheet (Extract)
  ₦   ₦
Capital 200,000 Land and building 250,000
Net profit 50,000 Stock 20,000
5% debenture 100,000 Debtors 50,000
Creditors 80,000 Bank 10,000
  430,000   430,000

The debit ratio is approximately

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