1.

Tulal92,83,000 92,83,000Joe started a business of buying and selling of Home Appliances and invested 20,00,000 on 01-04-2020. On 20-04-2020 he paid 10,00,000 for the purchase of Home Appliances and 5,00,000 for furniture. On 01-05-2020,he purchased some stationery for 350,000 in cash and sold some Home Appliances for 25,00,000 on credit toStuti. After a period of one month, he purchased Home Appliances of 36,00,000 from Mr. Jitin. Expenses duringthe same period were 31,00,000. On 31-07-2019 Home Appliances worth 32,00,000 were stolen. DuringSeptember 2020 to December 2020, a part of stock of Home Appliances which costed 33,00,000 was sold for4,00,000With the help of the above information, answer the following questions:1. What is the amount of capital with which Joe started the business?2. What is the total amount of expenses?3. Who is the debtor for the business and what is the amount receivable from those debtor(s)?4. Who is the creditor and what is the amount payable to him?15. Give the name and cost of fixed asset bought by the business enterprise.6. What is the total value of the goods purchased?​

Answer»

Answer:

Explanation: Goodwill TOWARDS the BUSINESS has nothing to do with human objectives.

Explanation:

4,00,000

With the help of the above information, answer the following questions:

1. What is the amount of capital with which Joe started the business?

2. What is the total amount of expenses?

3. Who is the debtor for the business and what is the amount receivable from those debtor(s)?

4. Who is the creditor and what is the amount payable to him?

1

5. Give the name and COST of fixed ASSET bought by the business enterprise.

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