. Prepare a Balance Sheet of Mr. Narahari as on 31-3-2020.
₹
Capital 56,000
Drawings 10,000
Land & Building 30,000
Machinery 20,000
Bills receivable 5,000
Cash in hand 5,000
Sundry creditors 10,000
Closing stock 11,000
Bank loan 10,000
Net Profit 5,000
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Answer:
56,000+10,000+30,000
+20,000+5,000+5,000+10,000
+11,000+10,000+5,000= 162,000
Explanation:
hence a balance sheet of Mr. Narahari
₹ 162,000
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