Question

In Trail Balance, Purchase Rs. 1,00,000, Assets Rs. 2,00,000, Capital Rs. 1,50,000, Liabilities Rs.50,000. Find out the value of Sales. *
A)50,000
B)150,000
C)2,00,000
D)1,00,000

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Answer 1

Answer:

D

Explanation:

Debit balance - purchases = 1,00,000 and Asset = 2,00,000

Credit balance - Capital = 1,50,000 liabilities = 50,000 and remember balance will be 1,00,000 and it is sales as per quetion..