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 book-img-for-question

Fundamentals Of Accounting And Financial Analysis

ISBN: 9788131776070

1st Edition

Authors: Anil Chowdhury

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Question Posted: Jul 12, 2024 03:01 AM

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Determine the amount of capital if, cash Rs 5,000; furniture Rs 15,000; stock Rs 27,000 and creditors

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Fundamentals Of Accounting And Financial Analysis

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