Question

АТ
Liabilities
Capital
"Seeta
Geeta
Sundry Creditors
Bank Loan
Amount₹
Assets
Furniture
90,000 Plant
40,000 Trademark
35,000 Sundry Debtors
15,000 Less - R. D. D.
Stock
Cash in hand
Advertisement Suspense
1,80,000
48,000
3,000
Additional Information :
1. Plant and Stock taken over by Seeta 78,000, and 22,000 respectively
2. Debtors Realised 90% of the Book Value and Trademark at 5,000. and Goodwill
for 27,000.
Unrecorded assets estimated 4,500 was sold for 1,500.
4. 31,000 Discount were allowed by creditors while paying their claim.
inted to 3500
3.​

Answer 1

Answer:

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Answer 2

Answer:

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