Ts Grewal ch 6 illustration 34
Tell me where did 8800rs come from in the solution balance sheet
Solution:
As you are asking about the cash amount of Rs 8800 in the balance sheet. So, it comes as follows
Rs 25000 (ie.rs 20,000 is brought by the Krishna and rsv5000 brought by Ram in the business. ) Rs 16,200 is paid to Gopi.so the remaining amount is rs 8800.
25000 - 16200 = 8800
As you are asking about the cash amount of Rs 8800 in the balance sheet. So, it comes as follows
Rs 25000 (ie.rs 20,000 is brought by the Krishna and rsv5000 brought by Ram in the business. ) Rs 16,200 is paid to Gopi.so the remaining amount is rs 8800.
25000 - 16200 = 8800