Question 24 Not yet answered Marked out of 1.00 Flag question "T The capital amount of the entity according to the basic accounting equation is An entity has the following balances: Bank: R5 000; Machinery: R3 000; Trade payables: R2 000; Drawings: R250. NB: Instructions 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Only show the amount, do not show the R (eg: 12141.72) Answer:

Duestion 24 Not yet answered Marked out of 1.00 Flag guestion An entity has the following balances: Bank: R5 000; Machinery: R3 000; Trade payables: R2 000; Drawings: R250. The capital amount of the entity according to the basic accounting equation is NB: Instructions 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Only show the amount, do not show the R (eg: 12141.72)