Given:
Drawings – #3,500
Net loss – #2,500
Capital 1/1/2007 – #35,000
Additional capital – #10,000
The adjusted capital as at 31/1/2007 is
- #35,000
-
#39,000
- #45,000
- #46,000
The correct answer is: B
Explanation
Adjusted capital=
capital + additional capital - net loss - drawings
35,000 +10,000 -3500 -2500 = 39,000