Question

10. The assets and liabilities of Sridhar, a sole trader, on 31.12.2014 and 31.12.2015 were as follows. Particulars Bank Alc Investments Sundry Debtors Bills receivables Stock in Trade Buildings Creditors Bank loan 31-12-14 31-12-15 5.000 8.500 10.000 10.000 14.000 14.000 7.400 7.400 27.000 38.000 40.000 50.000 12.000 10.500 5.700 6.000 Additional Information: (a) Additional Capital introduced during the year Rs.12,000. (b) Drawings taken from the business Rs.6,700. Prepare Statement of affairs and Statement for profit or loss for the year ending 31-12-2015 in the books of Sridhar.​

Answer 1

Answer:

1. b thats tha answer if you times a ×b÷k