Use the information below to answer question Capital.................................₦60 000 Bank....................................₦12 500 General expense...

Question 1 Report

Use the information below to answer question

Capital.................................₦60 000

Bank....................................₦12 500

General expenses........................₦5 250

Creditors...............................₦17 000

Stock...................................₦98 500

Fixed assets............................₦42 000

Insurance and rates.....................₦18 800

Purchase................................₦63 850

What is the cash balance on the debit side if it is the only item omitted?

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