Question

65
A firm has the following financial figures from its balance
sheet: Capital Rs. 12 lac, Reserves Rs.4 lac, Unsecured loans
Rs.5 lac, current assets Rs.16 lac, pre-operative expenses Rs.2
lac. It net worth would be:​

Answer 1

Answer

Answer:

s. cr 60,000 purchase 3 lacs

sales 4 lacs s. dr. 1.20

capital 1.82 lacs Fixed asset 1 lac

closing stck 80,000 s. expenses 40,000

Drawing 2000

opening stock 1.20 lac

hope it's help u