Capital = Assets – Liabilities
Assets = ( Cash at bank + cash in hand +debtors + stock + Furniture + motor-vehicle)
(23100 + 3250 + 45300 + 48200 + 11600 + 65000)
= 196450
Liabilities = Creditors +Bank loan
= 56100+ 25000
= 81000
Hence capital = 196450-81000
= 115350
sharon kalunda answered the question on March 4, 2019 at 10:33
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