Capital in the beginning Rs.6,00,000
Bank overdraft Rs.60,000
Creditors Rs.1,40,000
Revenue earned during the year Rs. 2,50,000
Expenses incurred to earn the revenue Rs 1,80,000
Drawing during the year were Rs 10,000.
Unsold stock at the end Rs 80,000
Find out closing capital, Total liabilities and Total Assets of the firm.
subhash945parshad:
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Answer:A does work 2/3 in 16 daysTherefore A can do whole work in 16 *3/2=24 days B does 1/4 work in 3 days Therfore B can do whole work in 12 days1 day's ...
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