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10,000 was withdrawn for office purposes from the bank.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.
Answer Posted / arju
no u r not correct
its 200000-150000=50000
50000-25000=25000
25000+50000=75000
75000+27000=102000
102000-2500=99500
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
why are you selecting for the profitbulity analysis costing based& active based
what are the new rules of central excise ?
what is Ratio Analysis ?
what are the seven accounting rules
We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?
Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER
what is Sums on Finalization of Accounts?
Short Answer on ______Budget
service tax form no ? What is CC Limit ? What is branch accounts?
Expand------ARN
Define The Term Journal And Explain The Present Day Use?
Expand-------NAC
what is the difference between cash flow and funds flow
Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
Short Answer on _____________Revenue Budget