Accountancy, asked by vandanrajpopatvr, 2 months ago

Started business with cash Rs. 50,000, stock creditors Rs. 4,000 and

furniture of Rs. 12,000.

Answers

Answered by vaishnavibhardwaj03k

1

Answer:

Total Assets

=

Cash + Bank + Stock

=

40,500 + 4,500 + 11,200

=

Rs

56,200

Liabilities

=

11,200

Capital

=

45,000

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