Question

    1.    Given the following, what is the amount of Capital?

    Assets: Premises 20,000; Inventory 8,500; Cash 100.

    Liabilities: Trade Payables 3,000; Loan from A Adams 4,000.

    A 21,100 Correct Answer Incorrect Answer
    B 21,600 Correct Answer Incorrect Answer
    C 32,400 Correct Answer Incorrect Answer
    D 21,400 Correct Answer Incorrect Answer
    E 21,500 Correct Answer Incorrect Answer

    Solution

    [20000+8500+100-3000-4000]

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