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Business, 21.09.2021 09:20 flowergirly34

T. Chin starts a business. Before he actually starts to sell anything, he buys fixtures at $2,000, a
motor vehicle for $5,000 and inventory for $3,500.
Although he has paid in full for the fixtures and the
motor vehicle, he still owes $1,400 for some of the
goods. J. Preston had lent Chin $3,000. Chin, after
the above, has $2,800 in the business bank account
and $100 cash in hand. You are required to calculate
his capital

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T. Chin starts a business. Before he actually starts to sell anything, he buys fixtures at $2,000,...

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