Question

4
25; Profit
12. Kuldeep, a general merchant, keeps his accounts on Single Entry System. He wants
the results of his business on 31st March, 2019 and for that following information is
1st April, 2018) 31st Man 2
Cash in Hand
1,50.000
Bank Balance
7.50.000
Furniture
1.00.000
Stock
5,00.000
Creditors
3,50.000
Debtors
2,50.000
3.000​

Answer 1

Answer:

150000+750000+100000+500000-350000+250000+3000=1403000