F Flint is starting a business. Before actually starting to sell anything, he bought fixtures for 1,200,
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F Flint is starting a business. Before actually starting to sell anything, he bought fixtures for £1,200, a van for £6,000 and a stock of goods for £2,800. Although he has paid in full for the fixtures and the van, he still owes £1,600 for some of the goods. B Rub lent him £2,500. After the above, Flint has £200 in the business bank account and £175 cash in hand. You are required to calculate his capital.
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Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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