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Cash = 200 000 Bank =240 000 Debtors = 100 000 Building = 160 000 Land: 100 000 Overdraft= 100 000 Creditors= 160 000 Notes

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Cash = 200 000 Bank =240 000 Debtors = 100 000 Building = 160 000 Land: 100 000 Overdraft= 100 000 Creditors= 160 000 Notes Receivables=160 000 Notes Payables=120 000 Loan=240 000 Capital ? Prepare the balance sheet and find out the capital? Balance sheet The company bought furniture for $ 240 000 paid 45% on credit and the rest by cheque. Balance sheet The company sold furniture for $ 150 000 received 25% on credit and the rest by cheque. Balance sheet

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