Question

Mr. Mehta was engaged in the manufacturing and selling
of readymade garments. He started the business with Rs
80,000 as an initial investment. Out of this amount, he
paid Rs 40,000 for the purchase of garments, Rs 5000 for
furniture, Rs 5000 for computers, and the remaining​

Answer 1

Answer:

Rs30,000 will remain at last with mr.mehta

Answer 2

Answer:

Mr. Mehta started his readymade garments business on April 1, 2016 with a capital of Rs 50,000. He did not maintain his books according to double entry system. During the year he introduced fresh capital of

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