Question
Mr. Zillu Ahamed is a doctor. He started business on January 1, 2020 with cash Tk.1, 00,000 and Furniture Tk.50, 000. During this month he
Mr. Zillu Ahamed is a doctor. He started business on January 1, 2020 with cash Tk.1, 00,000 and Furniture Tk.50, 000. During this month he made the following transactions: January 04.
He opened a Bank Account with Rupali Bank Tk. 60,000
Medical equipment purchased for Tk.10, 000
Advance Cheque received from a customer Tk.8, 000 17. A motor cycle bought for office use Tk.20, 000
Withdraw from Bank for personal needs Tk.3, 000 25.
Received tk.80, 000 for treating patients during January. 30.
Rent paid for office Tk.6, 000
1. Calculate the amount of owner's equity of Mr. Zillu Ahmed at the end of the period.
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