Question

(a) X keeps his books on the single entry system

and the following information is available:

1-4-2004

(Rs.)

31-3-2005

(Rs.)

Furniture 200 200

Stock 2,800 3,050

Sundry debtors 2,100 3,400

Cash 150 200

Sundry creditors 1,750 1,900

Bills payable – 300

Loan obtained – 500

Investments – 1,000​

Answer 1

Answer:

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