Question

- 5th Topic - On the basis of answer of topic - 4 above, show the piecemeal distribution of cash at the end of each month with the help of following additional information. 30.4.2021 – Machinery Realised 1050,000 31.05.2021 - Furniture Realised 550,000 30.06.2021- Other Assets realised 1,550,000 Bank loan (secured on Mac Machinery 900,000 Income Tax payable 300,000 Outstanding Salaries 250,000 Sundry creditors 280,000 Unsecured loans 420,000​

Answer 1

Answer:

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