Question

Ramu keeps his books by single entry method. His

position on 31.3.03 was as follows: Cash 28,700;

Debtors 18,400; Stock 28,600 Furniture

5,000; Creditors 20,700.

On 1.10.03, Ramu introduced 10,000 as

further capital in the business and with drew on

the same date 7,000 out of with he spent 5,000

on the purchases of a machine business.​

Answer 1

Answer:

15457+38-338$17987&190((190)3809(3589_)379+389-