Subscriptions received during the year ended 31st March, 2023 are:
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During the year ended 31st March, 2023, subscriptions received by the Kolkata Literary Society were ₹ 42,000
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From the following particulars of Mumbai Recreation Club, prepare the Receipts and Payments Account for the year ended 31st March, 2023:
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On 1st April, 2022, X started a business with ₹ 40,000 as his capital. On 31st March, 2023, his position was as follows:
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Gurman, a retailer, has not maintained proper books of account but it has been possible to obtain the following details:
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Vikas is keeping his accounts according to Single Entry System. His capital on 31st March, 2022 was ₹ 2,50,000 and his capital on 31st March, 2023 was ₹ 4,25,000
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Following information is supplied to you by a shopkeeper:
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From the following information relating to the business of Abhay who keeps books on Single Entry System, ascertain the profit or loss for the year 2022-23
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Kuldeep, a general merchant, keeps his accounts on Single Entry System
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Mahesh commenced business on 1st April 2022 with a capital of ₹ 10,000. He immediately bought furniture and fixtures for ₹ 2,000
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