JAMB Principles of Accounts 2001 Question 49

Use the information below to answer questions 49 and 50.
Given:
PTF Trial Balance [Extract] as at 31 December, 1999 (Dr ₦'000; Cr ₦'000)
Cash 2,000
Investments 3,000
Accounts receivable 6,000
Fund balance — ; 11,000
Totals 11,000 ; 11,000
Assuming all the investments realized ₦4m, what will be the ending fund balance?

1. A.₦8m
2. B.₦11m
3. C.₦12m
4. D.₦15m.