Question

K. James is starting a business. Before actually starting to sell anything, he bought fixtures for $1,200, a van for $6,000 and an inventory of goods for $2,800. B. Rub lent him $2,500. K. James has $200 in the business bank account and $175 cash in hand. What is the value of his capital?

Answer 1

Answer:

12875 is the correct answer

Explanation:

Fixtures=$1200

Van=$6000

Inventory=$2800

B.Rublent=$2500

Business Bank account=$200

In Hand=$175

So we add this amount

• $(1200+6000+2800+2500+200+175)
• $=12875

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