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A sole trader had capital of $ 1 9 , 0 0 0 at 3 1 December 2 0 2 0 . During the year

A sole trader had capital of $

19, 000

31

December

2020 .

During the

year to

31

December

2020,

he introduced $

9, 800

additional capital

into the business. Profits were $

8, 000,

of which he withdrew $

4, 200 .

His capital at

1

January

2020

was?

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