5. At the begining of an accounting year, a club has 7 19,000 assets; ? 5000
liabilities ; * 1,800 debit balance of income and expenditure account, the
opening capital fund is :
(a) * 18,000
(b) * 11,200
(c) * 15,800
(d) * 24,800
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Answer:
I think it would be 24, 800
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