Mr. Monu began business for dealing with electronic goods with Rs. 10,00,000 as a primary expense. He paid an amount Rs. 5,00,000 for the purchase of electronic goods, Rs. 1,00,000 for Refrigerator and Rs. 1,00,000 for Computer and the remaining amount was deposited to the bank. Monu sold some of the Fan which amounted Rs. 4,00,000 for cash and some electronic goods for Rs. 2,00,000 on credit to Mr. Sam. Accordingly, he purchased some laptop of Rs 3,00,000 from Mr. Nayan. In the second week, a fire broke out in his office and stock of goods worth Rs, 2,00,000 was destroyed. Expenses paid in the same month was Rs.20,000. Mr. Monu debited Rs. 50,000 from his trading for his domestic use.
From the above, answer the following:
1. What is the total expense of money with which Mr. Monu began the business?
Answers
Answered by
5
Answer:
10, 00, 000
Explanation:
as 10, 00, 000 was his opening stock
he began his business with 10, 00, 000 as primary expense
Answered by
0
Answer:
the fixed assets that Mr monu are the refrigerator and the computer which in total he paid 2,00,000
Explanation:
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