JAMB - Accounts Principles Of Accounts (2006 - No. 23)

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

Determine the total of the trial balance?
N123 325
N160 050
N166 525
N326 575

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