Question

Prepare a balance sheet of Mr.Prasana kumar as on 31/3/2021. Particulars Amount Capital 14,000 Loan from bank 4,000 Creditors 10,000 Cash in hand 600 Plant and machinery 7,520 Debtors 6,700 Drawings 2,000 Closing stock 9,160 Net profit 5580 Bank overdraft 16,000 Loan from shankar 4,000 Investments

Answer 1

Answer:

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