loan.
Goods destroyed by fire (cost 500, sale price 600).
) Paid half the amount owed to Mohan Furnitures.
Paid cash + 500 for loan and = 300 for interest.
Withdrew goods for personal use (cost 500, sale price 5
Received 49,500 from Shyam in full settlement.
Paid 7 29,700 to Ramesh in full settlement.
Paid salary F 500 and salary outstanding 100.
Charged depreciation of 7 300 on furniture and F 100 on
Assets = 73,600, Liabilities 7 11,100, Capital F 62,500
Answers
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3
sorry I don't no but thnak you for giving this free points
Answered by
0
Answer:
assets= liabilities+ capital
(-)500= 0+(-)500
Step-by-step explanation:
goods is our assets . any losses are - by assets and capital
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