Use the following information to answer the giv... - WAEC Accounting 2012 Question
Use the following information to answer the given question
\(\begin{array}{c|c} & D \ \hline \text{Cash in hand}& 1,440\ \text{Cash at bank} & 2440\ \text{Stock} & 2,500\ \text{Furniture and fittings} & 2,200 \ \text{Creditors} & 1,000\end{array}\)
The capital is
A
D1,440
B
D6,580
C
D5,380
D
D1,000
correct option: a
Capital is a term for financial assets, such as funds held in deposit accounts and/or funds obtained from special financing sources.
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