2.10 Callums statement of financial position at 31 July shows the following: Non-current assets 18,337 Inventory
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2.10 Callum’s statement of financial position at 31 July shows the following:
£
Non-current assets 18,337 Inventory 12,018 Trade receivables 365 Cash 63 Bank overdraft 3,686 Trade payables 2,999 i) What is the total of assets in the business?
ii) What is the total of current assets?
iii) What is the total for liabilities?
iv) What is Callum’s capital?
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