Question
Mr. Nordin has the following assets and liabilities as on 31st March, 2017: Cash RM50,000.00, Bank RM95,000.00, Debtors RM36,000.00, Creditors RM44,000.00, Plant and machinery RM160,000.00,
Mr. Nordin has the following assets and liabilities as on 31st March, 2017: Cash RM50,000.00, Bank RM95,000.00, Debtors RM36,000.00, Creditors RM44,000.00, Plant and machinery RM160,000.00, Building RM400,000.00, Furniture RM48,000.00, Bills receivable RM113,000.00 and Bills Payable RM47,00000. What is the amount of his capital? *
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Basic Accounting Concepts Principles And Procedures Volume 1
Authors: Gregory Mostyn, Worthy And James
2nd Edition
0991423100, 978-0991423101
