Ans. Assets: Rs. 146,500: Capital: Rs. 136,500; Liablities: Rs. Nill E- 8Following transactions are given: i Commencement of business with cash Rs. 200,000, furniture Rs 25,000 and goods Rs 100,000.
ii. Goods sold on cash Rs. 40,000 and Rs. 60,000 on credit.
iii. Sold furniture to Shrijal Rs 15,000.
iv. Cash received from debtors Rs 6,500 in full settlement of Rs 7,000
v. Loan given Rs 10,000.
vi. Cash received from Shrijal Rs 14,000 in full settlement.
Required: Accounting Equation Ans: Assets: Rs. 323,500, Capital Rs. 323,500; Labaites: Aan 01

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?

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