At December 2011 the balance on Ovie capital account N30,000. In the year to 30th November, 2012 she
invested an additional amount of N50,000 of personal
funds and took a loan of N65,000 for the business. The
statement of profit or Loss for the year to November
30th 2012 reported a profit of N40,000 and Ovie
drawings during the year. were N25,400. What is
Ovie's closing capital balance as at 30 November
2012?

George wants to collect funds to open his own bakery from his family.  he needs an accurate estimate of how much money he would require to run the bakery for at least six months.  he has to buy a shop  (costing $3,500)  and buy an oven  (costing $600).  his  start-up  costs, including various utility costs, would be  $300.  he has calculated his monthly expenses as  $250.  how much money would george require to start his business and run it for at least six months? a.  $3500b.  $5,900c.  $7,200d.  $7,400e.  $8,200its not c.7200 tried it