Given
|
January 1 |
December 31 |
|
|
Assets |
30,000 |
|
|
Liabilities |
13,000 |
|
|
Capital |
16,500 |
Withdrawals by owner during the year are Rs. 4,000. What is the amount of capital on January 1 ?
1
Rs. 12,500
2
Rs. 16,500
3
Rs. 17,000
4
Rs. 20,500