$\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \text{Cash in hand} & 1,000\\ \text{Profit and loss b/f} & 14,000\\ \text{Rent owing} & 400\\ Creditors & 11,000\\ \text{Furniture and fittings} & 7,500\\ \text{Motor vehicle} & 12,000 \\ Debtors & 13,750\\ \text{Bank overdraft} & 8,750 \end{array}$

The value of fixed assets is

Similar Questions

A reduction in the catalogue price of an article given by a wholesaler to a retailer is called a? ...

Sales - #232,000 Opening stock - # 28,000 Purchases - #128,000 Carriage inwards - # 4,000 Carria...

The stock valuation data is important because it enables management to? ...

A person who has applied to purchase shares in a company is referred to as ...

Which of the following is not on debtor's legal control account? ...

Given an incomplete record without sufficient information to determine profit, the necessary thing t...

Capital receipt is collected ...

Which of the following is found in a Sales Ledger Account? ...

In a public corporation, the capital expenditure incurred in a financial period is? ...

Use the following information to answer the given question: \(\begin{array}{c|c} & N \\ \hl...