Question

(i) Samuel commenced business with cash Rs. 60,000 and furniture Rs. 30,000.
(ii) Purchased goods on credit from Manisha Rs. 45,000
(iii) Sold 2/3rd of above goods at a profit of 25% on sales. Half the payment received immediately.
(iv) 1/3rd of the amount due to Manisha was paid after deducting 4% cash discount.
(v) Accepted a bill drawn by Manisha
Rs. 20,000.
(vi) Depreciate furniture by 10%.

Answer 1

Answer:

Stay home stay safe with your family and friends and family get home safe and healthy

Explanation:

Please Mark as brainlist