Question

20 points answer FAST




Savitri started business with cash 14,000, bank balance 36,000 and furniture 30,000. Paid
rent 12,000 and salaries '14,000. Cash deposited into bank 8,000. Borrowed 40,000 from
bank for 3 years and purchased machinery for 25,000. Purchased goods for 40,000 from Saina
who returned goods worth '12,000. Goods were sold to Hema for '50,000 who returned goods
worth '10,000. Cash paid to Saina after deducting 3% discount. Provided 14,000 as
depreciation. Furniture worth '20,000 was sold for `25,000.
Who is the proprietor and what is the amount of capital ?
What is the expense ?
What is the nature of bank account?
(iv) What is the amount of non-current liability ? (v) What is the capital expenditure ?
(v) What is the amount of purchases, purchases return and net purchases ?
(vi) What is the amount of sales, sales return and net sales ?
(vii) What is the amount of cash discount?
(viii) What is the value of an event? (x) What is the amount of gain ?​

Answer 1

Answer:

i.savitra

ii.total expence:98000

iii.good

iv.it is90000

v.50000

vi

Explanation:

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