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koban
5 days ago
6

Collin has extracted the following balances from the ledger accounts for his business: (All amounts in $) Plant and machinery 95

,000; Property 135,000; Inventory 6,400; Payables 3,600; Receivables 2,850; Bank overdraft 970; Loan 45,000; Capital 100,000; Drawings 32,000; Sales 362,000; Purchases 156,000; Purchase returns 2,200; Carriage outwards ?; Discounts received 3,500; Sundry expenses 82,500. He has forgotten to extract the balance from the carriage outwards account. What is the value of the missing balance? *
Business
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