Cash Book Test ...

A business had net assets at 1 January and 31December 2012 of Rs.75,600 and Rs.73,800 respectively. During the year, the proprietor introduced additional capital of Rs. 17700 and withdrew cash and goods to the value of Rs.16300.What profit or loss was made by the business in 2012

Capital at the end Rs.45,500 and capital in the beginning Rs.50,000. Difference of opening and closing capital is ___

If assets = Rs. 60000 and liabilities = Rs.25000, What is the capital in the business?

Rohit is a sole proprietor has the following balances: Premises- Rs.55000, Cash at bank- Rs.6500, Inventory – Rs.12500 and creditors- Rs.14000. Find out the amount of capital.

Goods costing Rs. 20000 have sold for cash at 25 % profit. By what amount cash will increase

Which of following items will be recorded in the purchase book?

By what amount the following transaction should be recorded in the SALES BOOK sold to Babu Furniture House. 200 Tables@Rs.150 each, 100 Chairs@Rs.100 each

The capital of a business is Rs.300000 and outside liabilities are Rs.250000. Calculate total assets of the business

If total assets of a business are Rs.150000 and capital is Rs.130000.Calculate outside liabilities

If total assets of a business are Rs. 550000 and outside liabilities are Rs.250000 Calculate owners equity