Use the information below to answer this question A B C Balance Sheet as at 31/12/2004 ? ? Share capital 200,000 Fixed assets 180,000 Reserves 100,000 Inves...

Assessment: JAMB UTME - Commerce - 2021 Subject: Commerce

Question 1 Report

Use the information below to answer this question

A B C Balance Sheet as at 31/12/2004

? ?
Share capital 200,000 Fixed assets 180,000
Reserves 100,000 Investment 100,000
Long term liabilities 40,000 Current assets 50,000
Current liabilities 30,000 Fictitious assets 40,000
370,000 370,000

The total sum of financing short term projects is

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