The following information relates to Ogello traders as at 31st Dec 2009:- Capital (1-1-2009) kshs.100,000 Loss during the year ...

      

The following information relates to Ogello traders as at 31st Dec 2009:-
Capital (1-1-2009) kshs.100,000
Loss during the year kshs.40,000
Investment kshs 35,000
If the trader took goods worth kshs. 15,000 during the year for private use, calculate the capital of
the business as at 31-12-2009

  

Answers


Kavungya
Closing capital =O.C + I + P-D
=100,000 +35,000 +40,000-15,000
Kavungya answered the question on April 3, 2019 at 12:05


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