Started business whit cash Rs 250000 and Machinery Rs 200000Accounting equation
2 answers:
In case there is no double entry system is followed, profit can be calculated by comparing the opening and closing capital. In the given situation this can be calculated as:
Opening Capital Rs.200000
Add: Capital Introduced Rs.200000
Add: Profit for the year Rs. 250000
Less: Loss for the year Rs.NIL
Less: Drawings Rs. 30000
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Capital at the end of the year Rs.620000
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Loan taken is a liability and loan given is asset, that will not affect the capital.
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Answer: C. n = 4r + 50
Step-by-step explanation:
The equation is in the form: y =mx + c
y is the number of flowers used.
x is the row number.
Solving for m. Pick any two points. (1, 54) and (2, 58)
m = (Y₂ - Y₁) / (X₂ - X₁)
= (58 - 54) / (2 - 1)
= 4
Solving for c. Use a point to fill up the formula and find c; (1, 54)
y = mx + c
54 = 4 * 1 + c
c = 54 - 4
c = 50
Formula will therefore be;
y = 4x + 50
or;
n = 4r + 50
