Callum's balance sheet at 31 July shows the following: Fixed assets 18337 Stock 12018 Debtors 365
Question:
Callum's balance sheet at 31 July shows the following:
£
Fixed assets 18337 Stock 12018 Debtors 365 Cash 63 Bank overdraft 3 686 Creditors 2 999
a) What is the total of assets in the business?
b) What is the total of current assets?
c) What is the total for liabilities?
d) What is Callum's capital?
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Related Book For
Business Accounting And Finance For Non Specialists
ISBN: 9781861528728
1st Edition
Authors: Catherine Gowthorpe
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