Math, asked by ruchabuddhadev, 1 day ago

Brought cash of 75,000 in the business

Answers

Answered by channellaramu

0

Step-by-step explanation:

Cash + Stock + Debtors =Commission +Capital 75000 +25000 + 0 =0 +1000000 -20000 +25000 =0 +50005000 +0 +0 =5000 +080000 +5000 +25000 =5000 +105000110000 = 110000Here goods are sold at 25000 so only debtors and the profit 5000 is added to capital.Also commission received in advance is a liability.Hope you understand.

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