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 #10,500C...

Question 1 Report

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 #10,500Calculate the closing capital

#8,700

#9,500

#9,700

#10,700

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