Given:
Fixtures-#30,000
Debtors-#7,000
Stock- #8,000
Creditors-#3,000
Goodwill-#10,000
Determine the capital
a
#10,000
b
#42,000
c
#45,000
d
#52,000
Explanation
Correct Option
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Emmanuel isu
9 years ago
correct answer D, bcos
Capital=total assets minus current liability
C= fixtures +Goodwill+debtors+stock- creditors
C=30000+10000+7000+8000-3000
C=55000-3000
C=52000
