X commence business on 1 april 2013 with capital 600000 on 31 april his asset were worth 800000 and liabilities 50000 find out his closing capital
Answers
Answered by
5
opening capital=600000
closing asset=800000
closing liability=50000
closing capital =closing asset- closing liability
=800000-50000
=750000
closing asset=800000
closing liability=50000
closing capital =closing asset- closing liability
=800000-50000
=750000
Similar questions