Betties Smith is the owner of Betties Plumbing. You are given the following information for...
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Accounting
Betties Smith is the owner of Betties Plumbing. You are given the following information for Betties Plumbing for the year ended 30 June 20.1.
R Capital 250 000 Services rendered 500 000 Wages 100 000 Telephone expenses 8 000 Water and electricity 5 000 Insurance expenses 2 500 Maintenance of vehicles 3 000 Interest expenses 1 500 Interest income 2 000 What is the correct equity amount for Betties Plumbing on 30 June 20.1? NB: Instructions 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Only show the amount, do not show the R (eg: 12141.72)
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