InterviewSolution
Saved Bookmarks
| 1. |
Show the effect of the following transactions and also prepare a Balance Sheet:(i) Started business with cash ₹ 60,000.(ii) Rent received ₹ 2,000.(iii) Accrued interest ₹ 500.(iv) Commission received in advance ₹ 1,000.(v) Amount withdrawn ₹ 5,000. |
|
Answer» Show the effect of the following transactions and also prepare a Balance Sheet: (i) Started business with cash ₹ 60,000. (ii) Rent received ₹ 2,000. (iii) Accrued interest ₹ 500. (iv) Commission received in advance ₹ 1,000. (v) Amount withdrawn ₹ 5,000. |
|