Given: #
Drawings 3,500
Net loss 2,500
Capital 1.1,2007 35,000
Additional capital 10,000
The adjusted capital as at 31 : 12 : 2007 is
- #45,000
-
#39, 000
- #35,000
- #46,000
The correct answer is: B
Explanation
capital + Additional capital - Drawings - net loss
35,000 +10,000 - 2500 - 3500 = 39,000