Wednesday
June 19, 2013

Homework Help: accounting

Posted by misba on Sunday, June 3, 2012 at 3:00am.

amair started the business with a capital of rs60000 on 1jan 2009 during the year he had with drawn goods rs8000 and cash rs5000for personal use he has also paid life insurance premium rs.2000 he had aiso introduced additional capital of rupees 20000 on 1st july .2009
on 31st december 2009 you have the following information
cash in hand 40000
buildings 60000
credtors 20000
loan from cousin 5000
dabitors 30000
machinery 50000
stock 30000
investment 30000
you are required to find profit or loss after considering rupees 2000 for bad and doubtfull debts deprecialt on machinery 10% and buildings 5% provide interest and capital 10% and also your required

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

accounting - Please computate retained earnings During 2009, Edgemont ...
accounting - Carlton company had assetsof $280,000 & liabilities of $120,000...
accounting - Lily Company had the following assets and liabilities on the dates ...
Financial Accounting - Incentive Corporation was organized in 2009 to operate a ...
accounting - Write a 700- to 1,050-word paper, using APA guidelines, based on ...
accounting - a) Use the following data to compute averafe revenues per store, ...
Accounting - Carpaitha Inc began 2009 with $140,000 in cash. The company plans ...
Economics - A nations capital goods wear out over time, so a portion of it's...
accounting - 2. Final Project: Business Plan Resources: Appendix A Due Date: ...
accounting - O'Hara Inc. made sales of $310,000 during 2008, it's first ...

For Further Reading

Search
Members
Community