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Question 3 (10 marks) B. Wise is planning to start up a new business in East York. Before he started trading, he bought a van

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Question 3 (10 marks) B. Wise is planning to start up a new business in East York. Before he started trading, he bought a van for $4,550, a market stall for $3,000 and inventory for $1,570. He did not pay in full for his inventory and still owes $1,080 in respect of them. He borrowed $5,230 from D. Fox. After the events just described, and before trading starts, he still has $3,190 cash at Royal Bank of Canada. You are required to fill in the following blanks: (a) Assets (b) Liabilities (c) Capital G_Group_C_D_Test_01 2 Dogos

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