Use the information below to answer questions

........................1/7/2005............30/6/2006

Drawings.....................................N3 000

Capital.................25 000...............N42 500

Furniture...............6 500...............N10 200

Additional capital during the year amounts to 300% of the drawings.

What is the amount of the additional capital?

  • A N900
  • B N900 000
  • C N90 000
  • D N9 000

The correct answer is D. N9 000

No explanation given
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