Use the following information to answer the question below

   D
Motor vehicle  500000
Stock   35000
Debtors  18000
Cash  12850
Bank Overdraft  280000
Creditors   21500

 

A. D 867,350
B. D 544,350
C. D 264,350
D. D 832,350

Correct Answer:

Option C = D 264,350

Explanation

Capital = Total Asset – Total Liabilities

= ( 500,000 + 35,000 + 18,000 +12,850) – (280,000 + 21,500)

= 264,350

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