Question
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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Integrated Audit Practice Case
Authors: David S. Kerr, Randal J. Elder, Alvin A. Arens
7th Edition
0912503688, 978-0912503684
