Question

= (21,000 - 6,000)
= 15,000
Follow up Problem 5
On 1st April, 2018, the position of Arpna Traders was as follows:
₹
Capital
70,000 Building
Bank overdraft
7,500 Machinery
Loan from Archna
20,000 Furniture
Bills payable
2,500 Cash
40.00
45001
5,000
1.000
Bills receivable
4.000
Goodwill
5,000
Pass the opening entry and post the same in the ledger.
Balancing of Accounts​

Answer 1

Answer:

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