Question

(1) Started business with cash Rs. 18.750 and goods Rs.6. 250
(11) Paid for Rent Rs. 500.
(11) Bought goods for cash Rs. 7.500 and on credit for Rs. 11,000.
(iv) Good costing Rs. 12,500 sold
costing Rs. 12,500 sold at a profit of 25% of which Rs. 6,875 receiv
(V) Purchased a luna for personal use Rs. 5.000,​

Answer 1

Explanation:

start business with 18750+goods 250-500+7500+6875=32875

cr base and personal use don't consider

Answer 2

Explanation:

Started business with cash Rs. 18.750 and goods Rs.6. 250