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Question -2 From the following particulars, prepare a balance sheet of Mr. Sanchit as at 31st March 2021: Capital 3,50,000 Drawings 10,000 Sundry Debtors

Question -2 From the following particulars, prepare a balance sheet of Mr. Sanchit as at 31st March 2021: Capital 3,50,000 Drawings 10,000 Sundry Debtors 1,00,000 Sundry Creditors 1,00,000 Net profit 1,60,000 Closing Stock 50,000 Plant and Machinery *1,50,000 Building 3,00,000

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