Question

On 1st April the position of rahman was as follows cash in hand 11200/- cash at bank 257600/-

Answer 1

Cash.. a/c dr. 11200, Bank.. @/c.dr. 251600. To Capital a/c, 262800. By subtracting the sum of all credit items from the sum of all debit items finally we get the capital.

Most importantly, around 94 % savings has been deposited to bank A/C in time and total cash in hand