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Question 4 Bob used the following balances to prepare his accounts as at 30 April...

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Accounting

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Question 4 Bob used the following balances to prepare his accounts as at 30 April 2018 DR CR f E Receivables 6,000 Bank loan 3,000 Bank overdraft 2,500 Drawings 4,100 Capital 12,500 Revenue 22,000 Purchases 19,200 Rent 5,400 Bank interest 825 Heat and light 4,475 Totals 40,000 40,000 The business does not hold inventory. No further adjustments were required What is Bob's opening capital figure as at 1 May 2018? A 12,500 B 8,400 16,300 D 500

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