The following assets and liabilities belong to Mumbi as at 31.21.08 Stock sh. 90,000 Land sh. 130,000 Creditors sh. 65,000 a)Calculate capital b)In Jan, 2009 stock costing shy.30,000 was sold for sh.36,000 cash....

      

The following assets and liabilities belong to Mumbi as at 31.21.08
Stock sh. 90,000
Land sh. 130,000
Creditors sh. 65,000
a)Calculate capital
b)In Jan, 2009 stock costing shy.30,000 was sold for sh.36,000 cash. Prepare a new balance sheet as at 31.1.09.

  

Answers


Kavungya
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Kavungya answered the question on September 25, 2019 at 14:28


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