Find the opening capital?

1/1/2010 31/12/2010
Creditors – #9,000 #9,800
Rent owing – #3,800 #2,500
Rates prepaid – #2,000 #3,500
Motor van – #8,000 #8,000
Premises – #10,000 #10,500

A. #5,700
B. #7,700
C. #9,800
D. #14,900

Correct Answer:

Option B – #7,700