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Business, 13.06.2021 09:10 whocares1819
A had a capital of ₹ 125,000 on 1st April, 2018. He had also goods amounting to ₹ 45,000
which he had purchased on credit and the payment had not been made. Find out the value of
the total assets of the business.
(b) After a period of one month, he came to know that he had suffered a loss of ₹ 3,700. He
withdrew ₹ 1800 for his personal use. Find out his capital and assets of the business.
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Answers: 3
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A had a capital of ₹ 125,000 on 1st April, 2018. He had also goods amounting to ₹ 45,000
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