Question

On 1st april 2020, anil started business with 5,00,000. he purchased goods costing 50,000. he paid rent 10,000 and insurance 3,000. he sold goods for cash 20,000 and on credit to Jatin 10,000. furniture purchased amounted to 37,000. he also purchased stationery worth 500. he recieved 9,500 from Jatin in full settlement. what is the cash balance of the business after all these transactions?
a)5,00,000
b)4,29,000
c)4,29,500
d)4,39,500​

Answer 1

Answer:

option b) 429000

not sure but the answer should be correct

Answer 2

Answer:

B 4,29,500 is the correct answer according to my small bro