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kumar commenced business on 1st april, …

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kumar commenced business on 1st april, 2019 with a capital of 60,000. he does not keep proper books of accounts, however, he 5,000 supplies you the following information on 31st march, 2020- particulars (3) cash in hand cash at bank debtors creditors stock furniture machinery 4200 8,300 22.400 18,200 26,500 10,000 18,000 he withdrew * 750 per month for domestic purposes. during the year, he introduced 5,000 as additional capital. ascertain his profit or loss during the year 2019-20

Posted by Aditya Ranjan Sahay 3 years, 10 months ago

CBSE > Class 11 > Accountancy

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