C Kings has the following items in his balance sheet as on 30 June 2002.

C Kings has the following items in his balance sheet as on 30 June 2002.Capital £41,800, Creditors £3,200, Fixtures £7,000, Motor Vehicles £8,400, Stock of goods £9,900, Debtors £6,500, Cash at bank £12,900 and Cash in hand £240.During the first week of July 2002:a. He bought extra stock of goods £1,540 on credit.b. One of the debtors paid him £560 in cash.c. He bought extra fixture by cheque £2,000.You are to draw up a balance sheet as on 7 July 2002 after the above transactions have been completed.

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