A, B and C jointly undertook to construct a building for a company at a contract price of rs.1500000 to be paid as rs.1200000 in cash by installment and rs.300000 in fully paid shares of the company.
Answers
Answer:
, B and C jointly undertook to construct a building for a company at a contract price of rs.1500000 to be paid as rs.1200000 in cash by installment and rs.300000 in fully paid shares of the company.
Rs. 25000 to open a bank account. 2)Purchased goods on credit Rs. 4000.
3)Purchased goods for cash Rs. 1000
4)Purchased furniture for cash Rs. 500
5)Withdraw cash for personal use from bank Rs. 700.
6)Rent paid Rs. 200
7)Received interest from bank Rs. 100
8)Sold goods on credit (cost Rs. 500) Rs.700.
9)Paid to creditors Rs. 400.
10)Paid petty expenses Rs. , B and C jointly undertook to construct a building for a company at a contract price of rs.1500000 to be paid as rs.1200000 in cash by installment and rs.300000 in fully paid shares of the company.