Answer Urgently showing all working out On April 1, 2019, Franky Paul started a business in Montego Bay, with its primary functions being the buying and selling of used auto parts. At the end of his first year of trading, he has provided you with the following account balances: Mr. Paul also had cash sales during the year amounting to $1,230,000, cash purchases amounting to $953,000, discounts allowed for $23,000, and discounts received for $14,500. In light of this information, how much was Mr. Pauls capital one year later, on April 1, 2020?

How much was his Capital show all working out

On April 1, 2019, Franky Paul started a business in Montego Bay, with its primary functions being the buying and selling of used auto parts. At the end of his first year of trading, he has provided you with the following account balances: Details Cash Stock Creditors Motor van (book value) Computer (book value) Debtors Insurance prepaid Rent expense owing 5% Loan Mr. Paul also had cash sales during the year amounting to $1,230,000, cash purchases amounting to $953,000, discounts allowed for $23,000, and discounts received for $14,500. In light of this information, how much Apr 01 520,000 0 Mar 31 422,000 123,200 78,300 1,350,000 80,750 0 1,500,000 95,000 0 0 28,500 12,000 32,000 350,000 0 400,000