If, as at the year-end, the total assets of a business were 189,000 and business liabilities were

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If, as at the year-end, the total assets of a business were £189,000 and business liabilities were £126,000, what would be the owner’s capital as at that date?

(a) £63,000

(b) £126,000

(d) £315,000

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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Question Posted: Aug 26, 2023 06:46 AM

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If, as at the year-end, the total assets of a business were 189,000 and business liabilities were

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Financial Accounting An Introduction

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