. Find out value of account receivable from following:
Cash ₹48,000 account payable ₹33,000 office equipment ₹21,000 owner equity ₹77,000?
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Answer:
First add 33,000+21,000+77,000=131,000 and then minus with cash payable 48000 and means 131000- 48,000= 83,000 so the cash received is rupees 83,000
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