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Category > Accounting Posted 21 Jun 2017 My Price 5.00

Basil Yamey is setting up a new business. Before selling anything, he bought a van for £9,000

Basil Yamey is setting up a new business. Before selling anything, he bought a van for £9,000; a transportable market stall for £1,800; a computer for £280; and an inventory of goods for £11,200. Fie did not pay in full for his inventory of goods and still owes £5,000 for them. Fie borrowed £8,000 from Luca Pacioli. After the eventsjust described, and before trading starts, he has £900 cash in hand and £6,300 in the bank. Calculate the amount of his capital.

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Alpha Geek
(8)
Status NEW Posted 21 Jun 2017 07:06 AM My Price 5.00

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Attachments

file 1498028973-2112263_1_636335678343559333_capital-amount.xlsx preview (105 words )
21-----------122-----------63&-----------amp-----------;am-----------p;i-----------nfo-----------Id=-----------510-----------837-----------Cap-----------ita-----------l a-----------mou-----------ntB-----------asi-----------l Y-----------ame-----------y i-----------s s-----------ett-----------ing----------- up----------- a -----------new----------- bu-----------sin-----------ess-----------. B-----------efo-----------re -----------sel-----------lin-----------g a-----------nyt-----------hin-----------g, -----------he -----------bou-----------ght----------- a -----------van----------- fo-----------r Â-----------£9,-----------000-----------; a----------- tr-----------ans-----------por-----------tab-----------le -----------mar-----------ket----------- st-----------all----------- fo-----------r Â-----------£1,-----------800-----------; a----------- co-----------mpu-----------ter----------- fo-----------r Â-----------£28-----------0; -----------and----------- an----------- in-----------ven-----------tor-----------y o-----------f g-----------ood-----------s f-----------or -----------£1-----------1,2-----------00.----------- Fi-----------e d-----------id -----------not----------- pa-----------y i-----------n f-----------ull----------- fo-----------r h-----------is -----------inv-----------ent-----------ory----------- of----------- go-----------ods----------- an-----------d s-----------til-----------l o-----------wes----------- £-----------5,0-----------00 -----------for----------- th-----------em.----------- Fi-----------e b-----------orr-----------owe-----------d Â-----------£8,-----------000----------- fr-----------om -----------Luc-----------a P-----------aci-----------oli-----------. A-----------fte-----------r t-----------he -----------eve-----------nts-----------jus-----------t d-----------esc-----------rib-----------ed,----------- an-----------d b-----------efo-----------re -----------tra-----------din-----------g s-----------tar-----------ts,----------- he-----------
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