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An entity has the following balances: Bank (Cr): R3 000; Vehicles: R12 000; Trade receivables: R2 000; Drawings R400. The capital amount of the entity

An entity has the following balances: Bank (Cr): R3 000; Vehicles: R12 000; Trade receivables: R2 000; Drawings R400. The capital amount of the entity according to the basic accounting equation is ... NB: Instructions 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Only show the amount, do not show the R (eg: 12141.72)

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