WAEC - Accounts Principles Of Accounts (2019 - No. 17)

Use the following information to answer the question below

Opening capital ---10,800
Drawings----------- 2,500
Trade creditors ----2,560
Trade debtors ------2,880
Cash in hand -------1,000
Net profit------------- 6,000

The closing capital is

16,800
14,300
8,300
7300

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