LGCSE Accounting (0187) Practice Questions - Lesotho General Certificate Of Secondary Education Accounting (Syllabus 0187) Exam

A sole trader in Maseru has assets of M85 000 and liabilities of M27 000. What is the owner's capital?

M58 000 M112 000 M27 000 M85 000

Correct Answer:

M58 000

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