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Balance sheet items as at 31 December 2019 OR Equipment 20000 Account receivables 3500 Retained earnings 11500 Inventories 5000 Loan 3000 Bank overdraft 1500 Cash

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Balance sheet items as at 31 December 2019 OR Equipment 20000 Account receivables 3500 Retained earnings 11500 Inventories 5000 Loan 3000 Bank overdraft 1500 Cash and bank 500 Net Loss 7500 Furniture 1650 6000 1000 Trade payables Tax Payable Short term Investments Goodwill 200 4500 Drawings 1000 capital 24000 Prepaid expenses 1300 Goodwill 4500 Drawings 1000 24000 Capital Prepaid Expenses 1300 Total Liabilities amount is: Select one: a. The correct answer not available b. OR 8500 0 C. OR 15500 d. OR 11500 e. OR 7000 page Next page

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