Question

Monika has the following Assets and liabilities as on 31st March 2016 Aascertain her capital .cash 50000, Bank 95000 ,debtors 36000,creditors 44,000, plant and machinery 160000, building 4,00,000,furniture 48000, bills receivable 113000 bills payable 47000​

Answer 1

Answer:

Hope you have understood

If yes then-

• Rate it
• Like it
• Mark it brainliest
• Follow me for future advice

Answer 2

Explanation:

To determine Monika's capital as of 31st March 2016, we need to calculate the difference between her assets and her liabilities.

Assets:

Cash: 50,000

Bank: 95,000

Debtors: 36,000

Plant and machinery: 1,60,000

Building: 4,00,000

Furniture: 48,000

Bills receivable: 1,13,000

Total assets: 7,52,000

Liabilities:

Creditors: 44,000

Bills payable: 47,000

Total liabilities: 91,000

Therefore, Monika's capital as of 31st March 2016 would be:

Capital = Total assets - Total liabilities

Capital = 7,52,000 - 91,000

Capital = 7,41,000

HOPE YOU LIKE IT.......

THANK FOR THE QUESTION.....

KEEP LEARNING.....

Keep SMILING...