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The Assets and Liabilities of Bon & Co What Is the Capital at 31st December?
A) £15,050
B)

Question 9

Multiple Choice

The assets and liabilities of Bon & Co.at 31st Dec were as follows:
 Inventory 14,450 Trade receivables 2,300 Trade payables 3,000 Accruals 200 Prepayments 250 Bank balance £1,250\begin{array} { l c } \text { Inventory } & 14,450 \\\text { Trade receivables } & 2,300 \\\text { Trade payables } & 3,000 \\\text { Accruals } & 200 \\\text { Prepayments } & 250 \\\text { Bank balance } & £ 1,250\end{array}
What is the capital at 31st December?


A) £15,050
B) £18,250
C) £3,200
D) £14,450

Correct Answer:

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