The following balances were extracted from the books of Mr. Din Dayal as at 31st March, 2023 Stock at the beginning ₹ 41,000 Rent ₹ 9,600
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Solution:- Note:- The interest on a bank loan of ₹24,000 at 10% per annum for 9 months amounts to ₹1,800. The Trial Balance, however, shows that only ₹1,000 has been paid. Therefore, the remaining ₹800 represents Outstanding interest Loan…
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