1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spin [16.1K]
3 years ago
13

Please answer this question.

Business
1 answer:
Alex73 [517]3 years ago
4 0

Answer:

Rs 38640

Explanation:

Closing capital is the summary of transaction including current assets and long term prepaid less total liabilities as of close of business on the closing date

                           Cash        Stock     Adv.     Salary out.  creditor Capital

Opening capital    36,000                                                              36,000        

Advanced rent      (300)                     300                                    

Purchase for cash (18000)   18000

Credit purchase                    20000                               20000

Goods sold               18000    (12000)                                              6000

Salary                         (300)                                       60                    (360)

Drawings                   (3000)                                                              (3000)

                                  32400      26000     300        60    20000    38640      

Closing capital = Rs 38640

You might be interested in
Hello, im stuck. if i could get some ideas for this i will mark you brainliest if i can.
Shtirlitz [24]

Answer: so you are giving someone instructions like how to make a sandwich with a lot of detail so someone could do everything you did :)

Explanation:

✪ ω ✪

3 0
3 years ago
What is the prime rate? a. the prime rate is the best interest rate that banks offer their most creditworthy customers. b. the p
trapecia [35]

Prime rate is (a) the best interest rate that banks offer their most creditworthy customers.

A prime rate is decided by the bank to lend money to its customers where the credit giving is decided on the basis of the credit history and points on the customers formally known as the credit rate of investment.

It totally depends upon the allowance of credit by financial institutions and then the payment made by the loan taking customers within a stipulated time frame.

To learn more about prime rate here,

brainly.com/question/28235888

#SPJ1

3 0
1 year ago
Forest City has recently implemented GAAP reporting and is attempting to determine which of the following special revenue funds
vitfil [10]

Answer:

hsbsjsbsbdbebdhdbdbfbrnr

6 0
2 years ago
ay-Zee Company makes an in-car navigation system. Next year, Jay-Zee plans to sell 23,000 units at a price of $350 each. Product
Fittoniya [83]

Answer:

$21

Explanation:

The computation of the sales commission per unit sold is shown below:

= Selling price per unit × sales commission percentage

= $350 × 6%

= $21

By multiplying the selling price per unit with the sales commission percentage we can get the sales commission per unit and the same is shown above in the calculation part.

All other information is not relevant. Hence, ignored it

3 0
3 years ago
Bond valuation) ​Pybus, Inc. is considering issuing bonds that will mature in years with an annual coupon rate of percent. Their
Yuri [45]

I uploaded the answer to a file hosting. Here's link:

tinyurl.com/wtjfavyw

8 0
3 years ago
Other questions:
  • According to the Consider This box about hypothetical countries Slogo, Sumgo, and Speedo, small differences in __________ make f
    9·1 answer
  • Why are conflicts of interests a problem in business?
    12·1 answer
  • To be effective, market researchers must ___________ collect, record, analyze, and interpret data. Group of answer choices syste
    14·1 answer
  • Which property of addition is used for (3+7)+6=3+(7+6)
    13·2 answers
  • The country of Lilliput has low unemployment and high consumer spending, and small businesses are thriving. However, prices are
    11·1 answer
  • Which of the following is true of diversity in the workplace? Multiple Choice Fewer American employees are working as expatriate
    8·1 answer
  • Dawn graduated from high school and wants to get a credit card. how can dawn establish credit-worthiness?
    14·1 answer
  • Which describes the role of automatic stabilizers in the economy?
    14·1 answer
  • The fastest growing category of promotional spending is:
    6·1 answer
  • Becky Smith signed a note in the amount of $200,000 in favor of Country Home Loans, Inc., to obtain a loan to buy a house in Mar
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!