Mr. Arnav does not keep proper records of his business he provided following information, you are required
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Mr. Arnav does not keep proper records of his business he provided following information, you are required to prepare a statement showing the profit or loss for the year.
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Capital at the beginning of the year Bills receivable Cash in hand Furniture Building Creditors Stock in trade Further capital introduced Drawings made during the period Rs. 15,00,000 60,000 80,000 9,00,000 10,00.000 6,00,000 2,00,000 3,20,000 80,000
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Answer Description Amount Rs Capital at the beginning of the year 1500000 Bills Receivable 60000 Cas...View the full answer
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