mber, 2016 for
60 days only.
181
2. 2. Shri Amar started his business with a capital of 70,000 on 1st
April, 2015. His financial position on 31st march, 2016 was as
follows:
Particulars
Amount
Cash
4,720
Stock
Bills payable
5,125
7,400
8,150
Creditors
Debtors
20,000
300
Prepaid insurance
Bills receivable
15,150
Premises
42,400
Vehicles
20,100
PT.O.
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