Mohan started a business on 1st April, 2021 with a capital of ₹ 10,000 and borrowed ₹ 3,000 from a friend
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Gurman had a capital of ₹ 75,000 on 1st April, 2021. He had also goods amounting to ₹ 15,000 which he had purchased on credit and the payment had not been made
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Calculate the total assets if: (i) Capital is ₹ 40,000. (ii) Creditors are ₹ 25,000. (iii) Revenue during the period is ₹ 50,000.
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A commenced his cloth business on 1st April, 2021 with a capital of ₹ 30,000. On 31st March, 2022, his assets were worth ₹ 50,000 and liabilities of ₹ 10,000
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If total assets of a business are ₹ 1,30,000 and net worth is ₹ 80,000. Calculate the creditors.
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If the capital of a business is ₹ 3,00,000 and liabilities are ₹ 50,000, loss ₹ 70,000, calculate the total assets of the business.
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Show an Accounting Equation on the basis of the following transactions: Sunil Started business with cash ₹ 1,50,000 Opened a Bank Account by depositing ₹ 25,000 out of cash
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Show an Accounting Equation for the following transactions: D. Mahapatra commenced business with cash ₹ 50,000 and ₹ 1,00,000 by cheque
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Prepare Accounting Equation from the following: (a) Started business with cash ₹ 1,00,000.
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Prepare an Accounting Equation from the following: (i) Started business with cash ₹ 50,000 and goods ₹ 30,000.
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