Determine the amount of capital if, cash Rs 5,000; furniture Rs 15,000; stock Rs 27,000 and creditors
Question:
Determine the amount of capital if, cash Rs 5,000; furniture Rs 15,000; stock Rs 27,000 and creditors Rs 6,000.
Options are:
(a) Rs 53,000;
(b) Rs 47,000;
(c) Rs 41,000.
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Related Book For
Fundamentals Of Accounting And Financial Analysis
ISBN: 9788131776070
1st Edition
Authors: Anil Chowdhury
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