b wise is setting up a new business.before actually selling anything,he bought a van for...
90.2K
Verified Solution
Link Copied!
Question
Accounting
b wise is setting up a new business.before actually selling anything,he bought a van for $13000,a market stall for $1050 a computer for $450 ,and an inventory of goods for $8000.he did not pay in full for his stock of goods and still owes $3000 in respect of them.he borrowed $10000 from c fox. After the events just describe,and before trading starts,he has $1400 cash in hand and $4700 cash at bank. Calculate the amount of his capital
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
