Question
On Jan 1, 2017 the position of
On Jan 1, 2017 the position of
V. Mathur was as follows: Inventory in hand Rs. 2400; Bills payable Rs. 400; Cash at Bank Rs. 1800; Plant and machinery Rs. 1000; Debtors Rs. 500; Creditors Rs. 800; Investments 2000; Loan from Raja Ram Rs. 1500.
V. Mathur’s capital on the above date will be
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