1. On 1st June 2022, Baba Yaga decided to open up a sole proprietorship with the...

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1. On 1st June 2022, Baba Yaga decided to open up a sole proprietorship with the following items; Cash RM4500; Inventories RM2700; Vehicle RM20,000; Land and Building RM170000; Loan from Agrobank by the business RM110000. What is the amount of capital that Baba Yaga has invested into the business? 2. CootiOnz Enterprise reports the following assets and liabilities:.Bank = 74500, Short term loan = 22300, Buildings = 15000, Accruals = 7400, Account Receivable = 10000. Compute the total liabilities that should be reported in the company's balance sheet. 3. Mozarella Sdn Bhd. has Current Assets = RM50000 and Total Assets = RM173100. It also has Current Liabilities = RM30000 and Total Liabilities = RM89990. The Retained Earnings = RM11700. What is the amount of Mozarella Sdn Bhd. shares value (capital)? 4. Rayyan is a wholesale trader. The following transactions have occurred for him: i.Commence business with cash RM224000 and a shop lot valued at RM93000, ii. Bought goods for resale for cash of RM80000, iii. Bought goods for resale on credit from Kedek Sdn Bhd, worth of RM48000, iv. Bought furniture with cash worth RM5000, v. Return defective furniture (& get back the money paid) of worth RM1900. How much is the total assets that Rayyan have now? Format: 25700 Format: 66400 Format: 87570 Format 559000 1. On 1st June 2022, Baba Yaga decided to open up a sole proprietorship with the following items; Cash RM4500; Inventories RM2700; Vehicle RM20,000; Land and Building RM170000; Loan from Agrobank by the business RM110000. What is the amount of capital that Baba Yaga has invested into the business? 2. CootiOnz Enterprise reports the following assets and liabilities:.Bank = 74500, Short term loan = 22300, Buildings = 15000, Accruals = 7400, Account Receivable = 10000. Compute the total liabilities that should be reported in the company's balance sheet. 3. Mozarella Sdn Bhd. has Current Assets = RM50000 and Total Assets = RM173100. It also has Current Liabilities = RM30000 and Total Liabilities = RM89990. The Retained Earnings = RM11700. What is the amount of Mozarella Sdn Bhd. shares value (capital)? 4. Rayyan is a wholesale trader. The following transactions have occurred for him: i.Commence business with cash RM224000 and a shop lot valued at RM93000, ii. Bought goods for resale for cash of RM80000, iii. Bought goods for resale on credit from Kedek Sdn Bhd, worth of RM48000, iv. Bought furniture with cash worth RM5000, v. Return defective furniture (& get back the money paid) of worth RM1900. How much is the total assets that Rayyan have now? Format: 25700 Format: 66400 Format: 87570 Format 559000

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Ans 1 The amount of capital that Baba Yaga has invested into the business is the sum of the cash inv... View the full answer