Question

A Building was purchased for Rs.27,00,000. Down payment of Rs.20,00,000/
was made and the balance was to be paid in 90 days for which a bill was also
drawn. What is the amount to be shown in Balance Sheet against Building?
a) Rs. 27,00,000
b) Rs. 20,00,000
c) Rs. 7,00,000
d) None of above
Bank reconciliation statement is prepared by? ILY​

Answer 1

Answer:

a)Rs. 27,00,000

Explanation:

because the amount at which building is purchased is shown in balance sheet

Answer 2

Answer:

i think the answer is (B) i am not sure

Explanation:

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