1) Charge interest on capital
Ans. Cash 16,000 + Stock 41,000+ Faniture 10150 Cent
repare accounting equation of Ram from the following transaction
1. Commenced business with cash 750,000
2. Bought goods for cash? 15,000 from Gopi and on crede com
Amat for 25,000.
3. Sold goods bought from Amit at a profit of 20%
4. Settled the account of Amit by paying? 24,500
5. Rent paid to landlord 75,000.
6. Salary paid to Mohan 8,000 but salary is still due 1.000
7. Landlord requested for advance rent of 1,000 and was pel
8. Insurance premium paid was 72,500 of which 1/5th was prepaid
fans. Cash * 24,000 + Stock 7 15,000 + Prepond expense 1.500
Outstanding Expenses * 1.000 Capital 9.500
satisfied in the following cases
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Answer:
1.commenced business with cash 750,000
Answered by
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Answer:
₹750,000 Is the answer.....
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