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How much is the total investment in assets

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Problem 1: Flume Pty Ltd has the following accounts and balances listed in its trial balance. Assuming all transactions have been entered correctly, how much is the total investment in assets?

Capital $15,000
Cash 2,000
Accounts payable 7,000
Inventory 5,500
Accounts receivable 9,500
Property, plant and equipment 15,000
Loan payable 24,000
Motor vehicles 14,000

Reference no: EM133002554

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