the confuzing part

[phanphy]

Any guesses at the A+ cut off?

i'd say around 80?

[sunniya]

yeh net profit would be incorrect
i hate that revenues q. who would hav thought of stock gain
opening balance is probably 0, if u wrote 20,000 you would be double counting the capital coz u recorded capital for 30,000 and that would include the 20,000.

[lalala]

yeh net profit would be incorrect
i hate that revenues q. who would hav thought of stock gain
opening balance is probably 0, if u wrote 20,000 you would be double counting the capital coz u recorded capital for 30,000 and that would include the 20,000.

I'm pretty sure it is 0 aswell, because under the Cash receipts journal it said "note..the capital contribution consists of two different contributions by the owner during the Reporting Period."
Why else would they have noted that?
Oh well, i wrote 20, 000