Question

Gokul Das maintains incomplete records of his business. He wants to know the result of his business on 31st March 2018 and for that, following information’s are available

1st April 2017
31 March 2018

Cash in hand
150000
175000

Bank balance
750000
600000

Furniture
100000
100000

Stock
500000
450000

Creditors
350000
400000

Debtors
250000
300000
​

Answer 1

Answer:

bro just use calculator

Explanation:

this is easy

Answer 2

Answer:

1 April 2017. 31 March 2018

cash in 1,50,000. 1,75,000

Hand

Bank 7,50,000. 6,00,000

balance

Furniture 1,00,000. 1,00,000

Stock. 5,00,000. 4,50,000

Debtors. 2,50,000. 3,00,000

Creditors (3,50,000) (4,00,000)

Total. 14,00,000. 12,25,000