Use the information below to answer question . Capital ...................₦2000 Bank ......................₦1200 Purchase ..................₦2500 Sales .......

Question 1 Report

Use the information below to answer question .

Capital ...................₦2000

Bank ......................₦1200

Purchase ..................₦2500

Sales .....................₦6700

Stock .....................₦1300

Creditors .................₦1000

Fixed assets...............₦3700

Drawings ..................N?

Drawings are always estimated at 50% of capital.Compute the amount withdrawn