The capital on 31 January 2020 was approx $ 50000 as the owner has not make any drawing this year. Hence option B is correct
<h3>
What is capital?</h3>
Capital is defined as the total amount of financial resources needed to manufacture goods or services. These cash may be employed to start up operations, cover ongoing costs, or develop and extend the company.
As given profit made this year = $ 10000
So the capital on 31 January 2020 = approx $ 50000
Thus, the capital on 31 January 2020 was approx $ 50000 as the owner has not make any drawing this year. Hence option B is correct
To learn more about capital, refer to the link below:
brainly.com/question/29052534
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Answer:
Beginning
Explanation:
Theres no real explanation I'm sorry...
You said it's free response and all we had to do was answer so here's me doing the bare minimum. Lol.
Answer:
A. Knowing what you have spent your money on is simple.
Explanation:
Although each answer may be deemed true in a way, it is important to realize the differences between cash and a credit card. Psychologically, if you’re purchasing items with cash you tend to spend less because you are budgeting yourself to a certain amount. Always counting the change after. If you pay with a credit card you may spend more unconsciously, making it a lot easier to lose track how much you’ve spent, and bought.
