Question Ref. No: $3508$

On $1$st June $2022,$ BabaYaga decided to open up a sole proprietorship with the following items; Cash RM$4200$; Inventories RM$3000$; Vehicle RM$20,000$; Land and Building RM$150000$; Loan from Agrobank by the business RM$110000.$

What is the amount of capital that BabaYaga has invested into the business?

$2.$ CootiOnz Enterprise reports the following assets and liabilities:. Bank $=66500,$ Short term loan $=18500,$ Buildings $=15000,$

$3.$ Mozarella Sdn Bhd$.$ has Current Assets $=$ RM$50000$ o the the company's balance sheet. Format : $29000$ and Total Liabilities $=$ RM$84880.$ The Retained Earning Total Assets $=$ RM$272100.$ It also has Current Liabilities $=$ RM$30000($capital$)?$

$4.$ Rayyan is a wholesale trader. The following transactions have occurred for him: i$.$ Commence business with cash RM$283000$ and a shop lot valued at RM$55000,$ ii$.$ Bought goods for resale for cash of RM$80000,$ iii. Bought goods for resale on credit from Kedek Sdn Bhd$,$ worth of RM$41000,$ iv$.$ Bought furniture with cash worth RM$5000,$ v$.$ Return defective furniture $($& get back the money paid$)$ of worth RM$1800.$ How much is the total assets that Rayyan have now? $$

Score: $\frac{2}{4}$