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Motor vans (13000-2600) 10400

Inventory 2882
Trade receivables 9500
Bank 5010
Other receivables (200 + 6256) 6456 23848
34248

12450

Add: Profit for the year 19 848

32298
Less: Drawings (9200 + 1700) (10900)
21398
Add: Additional Capital 10 000
31398

Trade payables 2590

Other payables 260 2850

34248

Opening Capital = Assets - Liabilitie

Assets = 7320 + 3000 + 4900 + 160 + 1970= 17350
Liabilities = 4700+200 = 4900
Capital = 17350 - 4900 = 12450

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Screenshot 2024-11-16 125330

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Motor vans (13000-2600) 10400

Add: Profit for the year 19 848

Trade payables 2590

Opening Capital = Assets - Liabilitie

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