Bit of a mind block happening here if you can please help me. Which figure is my closing capital balance, €18460 or €10464.
FIXED ASSETS €15021
Current Assets:
Bank/Cash 3439
TOTAL ASSETS: €18460
LIABILITIES
Capital
Opening Balance 2
NET PROFIT: €42006
DRAWINGS: €31544
CAPITAL EMPLOYED €10464
CREDITORS €946
LONG TERM CREDITORS €7050
CURRENT LIABILITIES €7996
TOTAL LIABILITIES €18460
FIXED ASSETS €15021
Current Assets:
Bank/Cash 3439
TOTAL ASSETS: €18460
LIABILITIES
Capital
Opening Balance 2
NET PROFIT: €42006
DRAWINGS: €31544
CAPITAL EMPLOYED €10464
CREDITORS €946
LONG TERM CREDITORS €7050
CURRENT LIABILITIES €7996
TOTAL LIABILITIES €18460