The adjusted capital as at 31/1/2007 is?

Given:

Drawings – #3,500
Net loss – #2,500
Capital 1/1/2007 – #35,000
Additional capital – #10,000

A. #35,000
B. #39,000
C. #45,000
D. #46,000

Correct Answer: Option B
Explanation
Adjusted capital=

capital + additional capital – net loss – drawings

35,000 +10,000 -3500 -2500 = 39,000