Anjana started the business of buying …

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Anjana started the business of buying and selling of readymade garments for ladies and kids. She 3 made the initial investment of ₹25,00,000. She purchased clothes for ₹10,00,000 on cash and 5,00,000 on credit from Hanuman. She purchased Computer and Printer for ₹80,000. She sold clothes costing 12,00,000 at 20% profit, Half of which was on credit. She returned clothes being defective of ₹50,000. She withdrew cash of ₹10,000 and taken away two pairs of kid cloth for her daughter costing 2000 each. She sold the printer as it was damaged due to negligence of the operator for ₹5,000. From the above information, calculate the following: a) Drawings b) Closing Stock c) Revenue from operations

Posted by Sawan Shah 2 months, 1 week ago

CBSE > Class 11 > Accountancy

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