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A) Mohan started business on 1-4-14 with a capital Rs.10,000 and borrowed Rs.3,000 from his friend. He earned a profit of Rs.5,000 during the year ended 31-3-13 and withdrew cash 4,000 for private use.What is his capital on 31-3-15. B) Mahesh started a business with capital of Rs.15,000 on 1-4-14 during the year he made a profit of Rs.3,000.He owes Rs.2,500 to supplier of goods.What is the total of assets in his business on 31-3-2015.?
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A) Mohan started business on 1-4-14 with a capital Rs.10,000 and borro...
Opening capital +drawings -profit during the year=10000+4000-5000=9000
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A) Mohan started business on 1-4-14 with a capital Rs.10,000 and borrowed Rs.3,000 from his friend. He earned a profit of Rs.5,000 during the year ended 31-3-13 and withdrew cash 4,000 for private use.What is his capital on 31-3-15. B) Mahesh started a business with capital of Rs.15,000 on 1-4-14 during the year he made a profit of Rs.3,000.He owes Rs.2,500 to supplier of goods.What is the total of assets in his business on 31-3-2015.?
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A) Mohan started business on 1-4-14 with a capital Rs.10,000 and borrowed Rs.3,000 from his friend. He earned a profit of Rs.5,000 during the year ended 31-3-13 and withdrew cash 4,000 for private use.What is his capital on 31-3-15. B) Mahesh started a business with capital of Rs.15,000 on 1-4-14 during the year he made a profit of Rs.3,000.He owes Rs.2,500 to supplier of goods.What is the total of assets in his business on 31-3-2015.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A) Mohan started business on 1-4-14 with a capital Rs.10,000 and borrowed Rs.3,000 from his friend. He earned a profit of Rs.5,000 during the year ended 31-3-13 and withdrew cash 4,000 for private use.What is his capital on 31-3-15. B) Mahesh started a business with capital of Rs.15,000 on 1-4-14 during the year he made a profit of Rs.3,000.He owes Rs.2,500 to supplier of goods.What is the total of assets in his business on 31-3-2015.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A) Mohan started business on 1-4-14 with a capital Rs.10,000 and borrowed Rs.3,000 from his friend. He earned a profit of Rs.5,000 during the year ended 31-3-13 and withdrew cash 4,000 for private use.What is his capital on 31-3-15. B) Mahesh started a business with capital of Rs.15,000 on 1-4-14 during the year he made a profit of Rs.3,000.He owes Rs.2,500 to supplier of goods.What is the total of assets in his business on 31-3-2015.?.
Solutions for A) Mohan started business on 1-4-14 with a capital Rs.10,000 and borrowed Rs.3,000 from his friend. He earned a profit of Rs.5,000 during the year ended 31-3-13 and withdrew cash 4,000 for private use.What is his capital on 31-3-15. B) Mahesh started a business with capital of Rs.15,000 on 1-4-14 during the year he made a profit of Rs.3,000.He owes Rs.2,500 to supplier of goods.What is the total of assets in his business on 31-3-2015.? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
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