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Sav [38]
3 years ago
15

A had a capital of ₹ 125,000 on 1st April, 2018. He had also goods amounting to ₹ 45,000

Business
1 answer:
svetoff [14.1K]3 years ago
6 0

Answer and Explanation:

The computation is shown below:

a. Total assets is

= Capital + creditors

= 125,000 + 45,000

= 170,000

b. The ending capital is

= Capital - loss - drawings

= 170,000 - 3,700 - 1,800

= 164,500

The assets is

= Ending capital + creditors

= 164,500 + 45,000

= 209,500

The same should be considered

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