1.4 Mr Ang started a cleaning service and invested the followings: (i) $ 30,000 (iii) Computers and software (iv) Capital (ii) $ 10,000 Calculate the Capital. Cash Bank Loan (A) $ 55,000 (B) $35,000 (C) $25,000 (D) $ 5,000 $15,000 $?
1.4 Mr Ang started a cleaning service and invested the followings: (i) $ 30,000 (iii) Computers and software (iv) Capital (ii) $ 10,000 Calculate the Capital. Cash Bank Loan (A) $ 55,000 (B) $35,000 (C) $25,000 (D) $ 5,000 $15,000 $?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![1.4 Mr Ang started a cleaning service and invested the followings:
(i)
Cash
(ii)
Bank Loan
Calculate the Capital.
(A)
(B)
(C)
(D)
$ 55,000
$ 35,000
$ 25,000
$ 5,000
$ 30,000 (iii) Computers and software $15,000
(iv) Capital
$ 10,000
$?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbf25ab01-b9df-485a-9c03-aa85d8301ac3%2Fc2689cba-512a-40fe-808e-f711ebab4cef%2Fu2tyn4_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1.4 Mr Ang started a cleaning service and invested the followings:
(i)
Cash
(ii)
Bank Loan
Calculate the Capital.
(A)
(B)
(C)
(D)
$ 55,000
$ 35,000
$ 25,000
$ 5,000
$ 30,000 (iii) Computers and software $15,000
(iv) Capital
$ 10,000
$?
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