Question

Q3.Mr.Abhinavstartedabusinessofbuyingandsellingofmobilephonesandinvested

Rs.2,00,000on01.04.2016.On20.04.2016hepaidRs.1,00,000forthepurchaseof

mobile phones and Rs.50,000 forfurniture.On 01.05.2016,he purchased some

stationeryforRs.5,000incashandsoldsomemobilephonesforRs.50,000oncreditto

Mr.Akash.Afteraperiodofonemonth,hepurchasedmobilephonesforRs.60,000from

Mr.Satish.ExpensesduringthesameperiodwereRs.10,000.On31.07.2016mobile

phonesworthRs.20,000werelostbyfire.

DuringSeptember2016toDecember2016,apartofstockofmobilephoneswhich

costedRs.30,000wassoldforRs.40,000.

Withthehelpoftheaboveinformation,answerthefollowingquestions:-

(i)WhatistheamountofcapitalwithwhichMr.Abhinavstartedthebusiness?

​

Answer 1

Answer:

wait for second I am solving questions