An entity has the following balances: Capital, R10000; Trade payables, R3200; Fixed deposit, R5000. The...

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Accounting

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An entity has the following balances: Capital, R10000; Trade payables, R3200; Fixed deposit, R5000. The total current assets of the entity according to the basic accounting equation will be NB: Instructions 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Only show the amount, do not show the R (eg: 12141.72)

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