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1.commenced business with cash 80000. 2 …

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1.commenced business with cash 80000. 2 brought goods from ram on credit 20000 3.paid cash to ram 15000 4.paid rent 1600 and salary 4400 5.sold goods costing 10000 for 13000 to mohan 6.received cash from mohan 10000 7.withdrew cash 4000 and goods 5000 for personal use 8.goods returned to ram 2000. Prepare the accounting equation of the following

Posted by Ayush Chaturvedi 10 months, 3 weeks ago

CBSE > Class 11 > Accountancy

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Kuldeep, general merchant, keeps his accounts on that informatio the results of his business on alat March, 2023 and for that following information is ava 1st April, 2022 (1) 1,50,000 31st March, 2023 1,75,000 Cash in Hand 7,50,000 Bank Balance Furniture Stock 6,50,000 Creditors 3,50,000 Debtors 2.50,000 3,00.005 During the your, he had withdrawn ₹5,00,000 for his personal use and as additional capital. Calculate his profits on 31st March, 2023 and Stateme of Affairs as on that date. invested ₹25000円 (Profit - 74 ,75,000)

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CBSE > Class 11 > Accountancy