Question

paid in advance 3,000
[Ans. Assets: cash 7 1,52,000 + Stock * 28,000 + Debtors 50,000 + Prepaid Expenses + 3,000 =
Liabilities: Creditors 30,000 + Outstanding Expenses ? 2,000 + Capital 2,01,000]
Q.6 Prepare Accounting Equation from the following:-
1. Started Business with cash 75,000 and goods : 25,000
2. Paid for rent 2,000
3. Bought goods for cash * 30,000 and on credit for 44,000
4. Goods costing 50,000 sold at a profit of 25%, out of which * 27,500 received in cash.
5. Purchased a Motor- cycle for personal use 20,000
[Ans. Assets: cash 750,500 + Stock * 49,000 + Debtors * 35,000 = Liabilities: Creditors ? 44,000 + Capital
* 90,500]
A QUESTIONS​

Answer 1

Answer:

find the compound interest on rupees 8000 at 15% for 1 year, if the interest is compounded semi annually?