MCQ O-Level Principle of account for june 04

[dasani]

The following infomation relates to business's trade creditiors for one financial year.

Machinery $5000
bank overdraft $4000
unpaid acciuntant's bill $250
motor car $7000

What is the amonnt owing to the creditors at the end of the year?

Help me.

 

[Momina-Z]

U rote the MCQ question wrong.The Q is what is his capital account balance.
For that u have to add the fixed assets which are (motor car and machinery)
then u substract the current liabilites( unpaid accountant's bill and bank OD) from it