19. calculate capital fund on 1st April 2019 particulars are Sports equipment
12,000, furniture 15,000, land and building 25,000; locker rent receivable 2300,
cash in hand 4,500; outstanding salaries 950; subscription received in advance
1.450
(a)capital fund 51,180
(b) capital fund 50,780
capital fund 57,180
(e) capital fund 57,080
20 sale of old newspaper
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1st April 2019 Assets and Liability of the Young Club are as follows :
Assert :
{:(,,"Rs"),("Land and Building",,"2,00,000"),("Furniture",,"65,000"),("Cash in Hand",,"25,000"),("Subscriptions Receivable",,"30,000"):}
Liabilites :
{:("Bank Overdraft",,"20,000"),("Outstanding Salaries",,"5,000"):}
Detemine Capital Fund as on 1st April 2019
Assert :
{:(,,"Rs"),("Land and Building",,"2,00,000"),("Furniture",,"65,000"),("Cash in Hand",,"25,000"),("Subscriptions Receivable",,"30,000"):}
Liabilites :
{:("Bank Overdraft",,"20,000"),("Outstanding Salaries",,"5,000"):}
Detemine Capital Fund as on 1st April 2019
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