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1/1/2010 31/12/2010
Creditors - #9,000 #9,800

1/1/2010 31/12/2010
Creditors - #9,000 #9,800
Rent owing - #3,800 #2,500
Rates prepaid - #2,000 #3,500
Motor van - #8,000 #8,000
Premises - #10,000 #10,500

Find the opening capital.

A.

#5,700

B.

#7,700

C.

#9,800

D.

#14,900

View answer & explanation

Correct answer is B

No explanation has been provided for this answer.

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