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Please help all I need is to Determine the amount of Beverly Zahn's capital as of November 1. Bev's Dry Cleaners is owned and operated

Please help all I need is to Determine the amount of Beverly Zahn's capital as of November 1.

Bev's Dry Cleaners is owned and operated by Beverly Zahn. A building and equipment are currently being rented, pending expansion to new facilities. The actual work of dry cleaning is done by another company for a fee. The assets and the liabilities of the business on November 1, 20Y6, are as follows: Cash, $39,000; Accounts Receivable, $80,000; Supplies, $11,000; Land, $50,000; Accounts Payable, $31,500. Business transactions during November are summarized as follows:

  1. Beverly Zahn invested additional cash in the business with a deposit of $21,000 in the business bank account.
  2. Purchased land adjacent to land currently owned by Bev's Dry Cleaners to use in the future as a parking lot, paying cash of $35,000.
  3. Paid rent for the month, $4,000.
  4. Charged customers for dry cleaning revenue on account, $72,000.
  5. Paid creditors on account, $20,000.
  6. Purchased supplies on account, $8,000.
  7. Received cash from cash customers for dry cleaning revenue, $38,000.
  8. Received cash from customers on account, $77,000.
  9. Received monthly invoice for dry cleaning expense for November (to be paid on December 10), $29,450.
  10. Paid the following: wages expense, $24,000; truck expense, $2,100; utilities expense, $1,800; miscellaneous expense, $1,300.
  11. Determined that the cost of supplies on hand was $11,800; therefore, the cost of supplies used during the month was $7,200.
  12. Withdrew $5,000 for personal use.image text in transcribed
November are summarized as follows: a. Beverly Zahn invested additional cash in the business with a deposit of $21,000 in the business bank account. b. Purchased land adjacent to land currently owned by Bev's Dry Cleaners to use in the future as a parking lot, paying cash of $35,000. c. Paid rent for the month, $4,000. d. Charged customers for dry cleaning revenue on account, $72,000. e. Paid creditors on account, $20,000. f. Purchased supplies on account, $8,000. g. Received cash from cash customers for dry cleaning revenue, $38,000. h. Received cash from customers on account, $77,000. i. Received monthly invoice for dry cleaning expense for November (to be paid on December 10 ), $29,450. j. Paid the following: wages expense, $24,000; truck expense, $2,100; utilities expense, $1,800; miscellaneous expense, $1,300. k. Determined that the cost of supplies on hand was $11,800; therefore, the cost of supplies used during the month was $7,200. 1. Withdrew $5,000 for personal use

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