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An entity has the following liabilities and assets: Furniture's N$5 000, Bank overdraft N$3 400, Petty cash N$1 800, Payables N$4 600, Inventory N$3000, Receivables

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An entity has the following liabilities and assets: Furniture's N$5 000, Bank overdraft N$3 400, Petty cash N$1 800, Payables N$4 600, Inventory N$3000, Receivables N$1 000, and a loan: FNB N$2 800. What is the capital amount? (2 marks) Select one: a. N$3400 1 b.N$6 800 N$10 800 d. NS NIL

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