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JAMB UTME - Principles of Accounts - 2023

Question 1 Report

The following was extracted from the books of MEGA COMPANY NIG. LTD

 

₦

Trade debtors

350,000

Fixtures and fittings

600,000

Cash at bank

25,000

Cash in hand

5,500

Trade creditors

116,500

Bank overdraft

7,500

Building

950,000

Motor van

35,000

The working capital of the company is