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1. On 1st June 2022, BabaYaga decided to open up a sole proprietorship with the following items; Cash RM4200; Inventories RM3100; Vehicle RM20,000, Land
1. On 1st June 2022, BabaYaga decided to open up a sole proprietorship with the following items; Cash RM4200; Inventories RM3100; Vehicle RM20,000, Land and Building RM190000; Loan from Agrobank by the business RM120000. What is the amount of capital that BabaYaga has invested into the business? 2. CootiOnz Enterprise reports the following assets and liabilities: Bank-54700, Short term loan-15300, Buildings-15000, Accruals-8800, Account Receivable 10000. Compute the total liabilities that should be reported in the company's balance sheet. 3. Mozarella Sdn Bhd. has Current Assets-RM50000 and Total Assets RM111100. It also has Current Liabilities RM30000 and Total Liabilities-RM81430. The Retained Earnings RM13100. What is the amount of Mozarella Sdn Bhd. shares value (capital)? 4. Rayyan is a wholesale trader. The following transactions have occurred for him: i.Commence business with cash RM259000 and a shop lot valued at RM57000, ii. Bought goods for resale for cash of RM80000, iii. Bought goods for resale on credit from Kedek Sdn Bhd, worth of RM50000, iv. Bought furniture with cash. worth RM5000, v. Return defective furniture (& get back the money paid) of worth RM2000. How much is the total assets that Rayyan have now? Format: 69600 Format: 56800 Format: 79580 Format: 859000
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