Use the following information to answer the given question
\(\begin{array}{c|c} & DR & CR \\ & N & N \\ \hline \text{Goodwill} & 10,000 & \\ \text{Plant and Machinery} & 32,000& \\ \text{Freehold premises} & 50,000& \\ stock & 15,000& \\ debtors & 12,500 & \\ \text{Cash in bank} & 7,500 & \\ \text{cash in hand} & 2,000 & \\ \text{Profit and loss account} & & 34,000 \\ \text{Accrued rent} & & 500 \\ \text{Sundry creditors} & & 9500 \\ Capital & \overline{129,000} & \overline{129,000}\end{array}\)
The capital is

Similar Questions

Which of the following should not be adjusted for in the profit and loss account? ...

Discounts granted branch customers are treated as a debit to branch? ...

Which of the following is the most liquid? ...

Which of the following is accounted for in receipts and payment account? ...

Which of the following expresses the accounting equation? ...

The authorized capital of city entertainment company is made up of 200,000 2\(\frac{1}{2}\)% prefere...

The price paid for the purchase of a business is ...

An equipment costing N60,000 was bought on 1st January 1991. Depreciation was provided at 20 percent...

What is the effect on a firm for making a payment of N10,000 to creditor? its liabilities ...

An example of a nominal account is ...