F Flint is starting a business. Before actually starting to sell anything, he bought fixtures for £1,200, a van for £6,000 and a stock of goods for £2,800. Although he has paid in full for the fixtures and the van, he still owes £1,600 for some of the goods. B Rub lent him £2,500. After the above, Flint has £200 in the business bank account and £175 cash in hand. You are required to calculate his capital?
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Danielle is starting a business. Before starting to sell anything, she bought fixtures for £4,100, a van for £5,950 and an inventory of goods for £3,620. Although she has paid in full for the fixtures and the van, she still owes £1,670 for some of the inventory. M Johnson lent her £3,000. After the above, Danielle has £780 in the business bank account and £50 cash in hand. You are required to
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6,275
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