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mr. ravi after completing his graduation wants to start his own business but to: he was little bit confused which business to start. moreover, he was short of funds also as only r$ 200,000 ( to be oused in business) wee available with. him, which he saved by doing part time jobs during his graduations he discussed the matter or with his father, mr. vinod a bank manager and decided to start a shop dealing in md man's wear from & 11st april 2014. his father also help him in raising loan of rs 10,00,000 from xyz bank against his personal mr. ravi open in ayz guarantee. on 5th april 2014, a. bank a/c with rs.5000 bank bank also credited hig bank a/c with the amount of loan on 1st june 2014, after completing all formaliti which is to be repaid in 10 equal yearly installmenty flome alongwith with interest @ 12%. p.a. on 3/sh march every year some day he purchased a computer for rs. 50,000 to maintain all the records garding purchase, sales and stock and make the payment by cheque. he also deposited rs. 45,000 in bank. it was also decided that all the purchases are to be made by bank. he named his business as m/s rajasthan | man's wear and entered into a contact with en a distributes of man's wear 15th june 2014. the distributes want him to make all the payments with regard to the orders in advance. no. ravi fransactions for ending follows: on 31st march the 2015 year were of purchases (on 15 june 2014) sales staff salary expenses telephone electricity charges packing charges insurance 15,00,000 25,00,000 50,000 25,000 1,20,000 rent (rs 10,000.p.m.) · carriage inward. furniture purchased (on june 1st, 2014) 1,00,000 55 000 25% payments for furniture was made by cash, and sent rest by cheque all the expenses were paid by cheque furniture and computer were depreciated @ 12% p.a. the closing stock on 31st march 2015 way valued as at rs. 1,00,000. plot / land for r$ 10,00,000 was also purchased on that day to construct shop in furniture future • you are required to:
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Placid Girl 2 years, 4 months ago

Not for profit organization
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Inderpreet Singh 2 years, 5 months ago

X= 3/5-1/2 =6-5/10 =1/10 Y = 2/5-1/2= 4-5/10 = -1/10 So, X is sacrificing and Y is gaining
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Kamaljeet Kaur 2 years, 5 months ago

But no option of download is available.How I downloads

Vishal Singh Rajput 2 years, 5 months ago

Yes

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