1 E Silva has the following items in her balance sheet as on 7 April 2005: Capital £18,370; Creditors £2,100; Fixtures £2,800; Car £6,650; Stock of goods £3,180; Debtors £2,780; Bank £4,150; Cash in...



1

E Silva has the following items in her balance sheet as on 7 April 2005: Capital £18,370;



Creditors £2,100; Fixtures £2,800; Car £6,650; Stock of goods £3,180; Debtors £2,780; Bank £4,150;



Cash in hand £910.



During the first week of April 2005



(a) She bought extra stock for goods £910 on credit.



(b) One of the debtors paid her £330 in cash.



(c) She bought a PC by cheque £560.



You are asked to draw up a balance sheet as on 7 April 2005 after the above transactions have



been completed.








May 21, 2022
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