The following information has been extracted from a Balance Sheet at 31 December 2003. What was the
Question:
The following information has been extracted from a Balance Sheet at 31 December 2003.
What was the balance on Capital account at 31 December 2003?
A. $300 000
B. $320 000
C. $340 000
D. $350 000
Transcribed Image Text:
Fixed assets Working capital Long-term loan Profit for the year Drawings $ 300 000 00 30 000 20 000 35.000 25 000
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