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pythoon From the following particulars prepare a statement of sources and applications of funds (1) Increase in working capital Rs. 4,000. (6) Net profit Rs.
pythoon
From the following particulars prepare a statement of sources and applications of funds (1) Increase in working capital Rs. 4,000. (6) Net profit Rs. 10,750 before writing off Goodwill. (ii) Depreciation provided on fixed assets Rs. 1,750. (iv) Dividend Rs. 3,500. (v) Goodwill written off out of profit Rs. 5,000. (vi) Rs. 5,000 share capital issued for cash. (vii) Machinery was purchased for Rs. 10,000Step by Step Solution
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