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Divya keeps her books under single entry system. The following details are given.Particulars 2017 20181. Cash in hand 2000 40002. Cash at bank 3000 50003. Building 30000 300004. Plant and 3000 3000machinery5. Bills receivable 1000 15006. Stock 6000 80007. Bills payable 2000 22008. Sundary debtors 4000 60009. Sundary creditors 2000 1000 Additional information :- 1. Interest on capital is to be allowed at 10% p.a. 2. Building is to be depreciated by 10 % amd Plant machinery by 5% p.a. 3. Creditors are undervalued by 2000 4. Bills payable are overvalued by Rs. 600 5. Provide RDD at 5% on Debtors 6. Divya brought additional capital into the business Rs.1000/- on 1st Oct. 2017 |
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