On 01-04-2006 Mr. Dhanpal started business with Rs.2,00,000 cash and opened a b

On 01-04-2006 Mr. Dhanpal started business with Rs.2,00,000
cash and opened a bank account with Rs.1,50,000. He
purchased furniture for his business for Rs.25,000. Goods
were bought from Deendayal for Rs.50,000 on credit. He sold
goods for Rs.27,000 in cash and 30,000 on credit. He paid
Rs. 2,500 for business expenses during April month. Rs.
10,000 was withdrawn for office purposes from the bank. Find
out the closing balance of cash and bank.

Question Posted / arju

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On 01-04-2006 Mr. Dhanpal started business with Rs.2,00,000 cash and opened a bank account with Rs...

Answer / yash

nahi arya aap galat ho agar mein aapse credit pe goods lu to
cash to beech mein aaya hi nahi

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On 01-04-2006 Mr. Dhanpal started business with Rs.2,00,000 cash and opened a bank account with Rs...

Answer / vijendra dubey

You both are duffer plz ask this qust. to any FYJC student.
Even he will tell u the basic of accounts the Answer is
Cash-209500 & Bank 140000, bcoz jab credit pe purchase kiya
hai to Cash Ya bank ka relation kaha se aayega dude & the
2nd one jab bank se office purpose ke liye withdraw karoge
to tumhara cash bal nahi badhega kya....

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On 01-04-2006 Mr. Dhanpal started business with Rs.2,00,000 cash and opened a bank account with Rs...

Answer / yash

cash balance = 199500
bank balance = 15000

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