Use the information below to answer question

Capital.................................N60 000

Bank....................................N12 500

General expenses........................N5 250

Creditors...............................N17 000

Stock...................................N98 500

Fixed assets............................N42 000

Insurance and rates.....................N18 800

Purchase................................N63 850

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

  • A N6745
  • B N6754
  • C N6475
  • D N6574

The correct answer is C. N6475

No explanation given
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