Question 9
|
Items |
Le |
|
Debtor |
30,000 |
|
Cash in hand |
6,750 |
|
Plant and machinery |
72,000 |
|
Motor van |
31,000 |
|
Stock of raw materials |
12,000 |
|
Loan 50,000 |
|
|
Trade creditors |
43,000 |
Calculate
(a) The liquid capital for the business
(b) The fixed assets
(c) Teesan Enterprise's capital or statement of affairs as at 31/10/2010.
(d) The working capital for Teesan Enterprises Ltd.
Theory