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Luca Pacioli is setting up a new business. Before actually selling anything, he bought a van for $13,000, a transportable market stall for $1,050, inventory
Luca Pacioli is setting up a new business. Before actually selling anything, he bought a van for $13,000, a transportable market stall for $1,050, inventory of goods $8,000, computer $450. He did not pay in full for his inventory of goods and still owes $3,000 for them. He borrows $10,000 from Basil Hayman. He has $1,400 cash and $4,700 in bank. CALCULATE HIS CAPITAL
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