Accountancy, asked by raniamisha48, 1 month ago

(a) Mohan started a business on 1st April, 2020 with a capital of 10.000 and borrowed 3,000 from a friend. He earned a profit of 5,000 during the year ended 31st March, 2021 and (b) Mahesh started a business with a capital of 7 15,000 on 1st April , 2020. During the year, he made a profit of * 3,000. He owes < 2,500 to suppliers of goods. What is the total of assets in his business on 31st March, 2021? 20,500. more * 200.000 and​

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