Ram Zin Ltd. maintains a current account with the State Bank of India. On 31st March, 2023, the bank column of its cash book showed a debit balance of ₹ 1,54,300
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Gopal keeps incomplete records. On 1st April, 2022, his position was as follows: Bank Overdraft ₹ 7,500
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A retail Trader has not kept proper books of accounts. Ascertain his profit or loss for the year ending 31st March, 2023, and prepare a final statement of affairs from the following information:
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X who keeps incomplete records, gives you the following information: You are also given the following information:
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Mr. White does not keep his books properly. Following information is available from his books:
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Mr. A does not keep proper records of his business. Following information is available from records kept by him:
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From the following information relating to the business of Mr. X who keeps books by Single entry ascertain the profits or loss for the year ended 31st March, 2023:
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On April 1st, 2022, X started a business with ₹ 40,000 as his capital. On March 31st, 2023, his position was as follows:
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Mohan commenced business on 1st April, 2019 with a capital of ₹ 50,000. On 1st January, 2020, he introduced ₹ 25,000 into business of which ₹ 10,000 was borrowed from Ram
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