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Use the following to answer the given question UCHENNA ENTERPRISES: Balance sheet as ...

Use the following to answer the given question
UCHENNA ENTERPRISES: Balance sheet as at 31st December, 1993
NNNCapital84,000Land and building45,000Add net profit15,00099,000Furniture and Fittings34,000Less drawings9,000Stock28,00090,000debtors22,000debtorsCreditors25,000cash1,000Accruals15,000130,000130,000
Current assets amount to

A. N51,000
B. N50,000
C. N23,000
D. N22,000
E. N11,000




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