Calculate Opening Capital

Opening Capital is calculated as Total Opening Assets minus Total Opening Liabilities.

$$\begin{align*} \text{Opening Assets} &= \text{Stock} + \text{Debtors} + \text{Furniture \& Fixtures} + \text{Cash at Bank} \\ &= \text{K}19,000.00 + \text{K}12,000.00 + \text{K}16,500.00 + \text{K}13,500.00 \\ &= \text{K}61,000.00 \\ \\ \text{Opening Liabilities} &= \text{Sundry Creditors} + \text{Outstanding salaries} \\ &= \text{K}14,500.00 + \text{K}3,200.00 \\ &= \text{K}17,700.00 \\ \\ \text{Opening Capital} &= \text{Opening Assets} - \text{Opening Liabilities} \\ &= \text{K}61,000.00 - \text{K}17,700.00 \\ &= \text{K}43,300.00 \end{align*}$$

Closing Capital is calculated as Total Closing Assets minus Total Closing Liabilities.

$$\begin{align*} \text{Closing Assets} &= \text{Stock} + \text{Debtors} + \text{Furniture \& Fixtures} + \text{Plant} \\ &= \text{K}20,000.00 + \text{K}15,500.00 + \text{K}12,000.00 + \text{K}20,000.00 \\ &= \text{K}67,500.00 \\ \\ \text{Closing Liabilities} &= \text{Sundry Creditors} + \text{Bank overdraft} \\ &= \text{K}13,000.00 + \text{K}6,000.00 \\ &= \text{K}19,000.00 \\ \\ \text{Closing Capital} &= \text{Closing Assets} - \text{Closing Liabilities} \\ &= \text{K}67,500.00 - \text{K}19,000.00 \\ &= \text{K}48,500.00 \end{align*}$$