Business, 26.05.2020 21:05, icantspeakengles

Please answer this question.

Calculate the closing capital from following details-
(1) Suresh commenced business with cash Rs 36,000
(2) Paid rent in advance Rs 300
(3) Purchased for cash Rs. 18,000 & credit Rs. 12,000
(4) Sold goods for cash Rs. 18,000 costing Rs. 12,000
(5) Paid salary Rs. 300 and salary outstanding Rs. 60
(6) Bought motorcycle for personal use Rs. 3,000

Answers: 1

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Please answer this question.

Calculate the closing capital from following details-
(...