Chaitanya keeps her books under single entry system. Her assets and liabilities were as follows. Cash...
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Chaitanya keeps her books under single entry system. Her assets and liabilities were as follows. Cash in hand Bills payable Sundry creditors Plant and machinery Sundry Debtors Stock 31-3-2018 31-3-2019. 10,000 9,000 50,000 1,50,000 1,49,000 6,00,000 8,00,000 3,90,000 4,50,000 3,40,000 3,20,000 During the year 2019 he brought additional capital Rs.10,000 and withdrew Rs.10,000 per month for household expenses. Calculate the profit or loss for the year ended 31st March. 2019. Chaitanya keeps her books under single entry system. Her assets and liabilities were as follows. Cash in hand Bills payable Sundry creditors Plant and machinery Sundry Debtors Stock 31-3-2018 31-3-2019. 10,000 9,000 50,000 1,50,000 1,49,000 6,00,000 8,00,000 3,90,000 4,50,000 3,40,000 3,20,000 During the year 2019 he brought additional capital Rs.10,000 and withdrew Rs.10,000 per month for household expenses. Calculate the profit or loss for the year ended 31st March. 2019.
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Related Book For
Advanced Accounting
ISBN: 9780132568968
11th Edition
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
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