1.

Yash maintains his account on Single Entry System. Calculate his profit on 31 March, 2019 from thefollowing information: particulars 1-4-18 31-3-191- cash in hand 6000 20002- bank balance 18000 140003- furniture 8000 80004- stock 4000 120005- creditor 16000 120006- debtors 12000 16000his drawings were Rs 4000 and additional capital invested Rs.8000.1- write off Rs.600 as bad debts.2- create 5% provision for bad and doubtful debts.3- change decoration @ 10% on asset.​

Answer»

HEYA MATE YOUR ANSWER IS

8000 8000

4- STOCK 4000 12000

5- creditor 16000 12000

6- debtors 12000 16000

his drawings

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