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Amit's capital on 31st March, 2019 …

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Amit's capital on 31st March, 2019 was 50,000 and on 1st April, 2018, it was 36,000. During 2018-19, he gave loan to his friend. Kumar 4,000 out of firm's cash and withdrew 400 p.m for domestic purposes He also gave life insurance premium 800 and withdrew goods worth 1.2 for household purposes. During this period, he sold his personal car for 30,000 and bought furniture for 8,000 for shop and invested 5,000 in the busines and deposited rest of the money in his wife's bank account. You are required to prepare a statement

Posted by Vedanshi Gupta 2 years, 10 months ago

CBSE > Class 11 > Accountancy

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