Question

Debit balance on 1st April 2019 Cash and back 50000 Sundry debtors 15000 stock 35000 plant and machinery 100000 credit balance on 1st April 2019 Sundry crediter varsha bank loan 40000​

Answer 1

crediter varsha bank loan 40000

Answer 2

Answer:

In the Given Question

1) Current Assets Total is 200000

2) Current Liabilities Total is 160000

3) As per Double entry system the sum of debits must be equal to debit.

Hence, sundry creditors to 40000 ( 200000-160000)

Explanation:

Question is incomplete and required is not asked in the question.