Question 9 12 Points A company has the following assets and liabilities on 31 December Premises 30,000 Accounts Payables 4,000 Inventory 9,000 Amounts owed for rent on 31 December 900 Cash in hand 2,500 Balance at bank overdrawn 3,400 Accounts Receivables E3,600 Equipment 5,000 The company's capital on 31 December is Blank 1 Blank 1 Add your answer Question 10 12 Points Alan sets up a business. Before he actually sells anything he has bought the following: Motor vehicles 2,000 Premises 5,000 Goods for resale 1,000 He did not pay in full for the goods for resale and still owes 400 for them. He borrowed 3,000 from a friend for the business. After the above transactions, he has 100 cash in hand and 700 in the bank. Calculate the capital of the business. E800 B 3,400 5,400 D 8,800 1