WebThe opening capital is ascertained by preparing A. Capital account B. Creditors account C. Debtors account D. Opening statement of affairs Answer: Option D Join The Discussion * Related User Ask Questions Which of the following is not a primary function of a Bank? A. Granting Loans B. Collecting Cheques/Drafts customers WebOpening statement of affairs Hard Solution Verified by Toppr Correct option is A) Creditor's account is prepared to record the transaction of payment made to the supplier against the credit purchases and discount allowed by them. Credit purchases are recorded by debiting the purchases account and crediting the creditors account.

Explain how the following may be ascertained from incomplete …

WebThe opening capital is ascertained by preparing opening . A cash book B creditors account C debtors account D statement of affairs Open in App Solution The correct … WebBesides giving the explanation of In single entry system , opening capital is ascertained by preparing?, a detailed solution for In single entry system , opening capital is … data plus security hueytown al

NCERT Solutions for Class 11 Accountancy Chapter 11 …

WebSuppose the opening and closing balance of cash More important for It is less important shows Rs.20,000 and 28,000 respectively, It is financial analysis It is compulsory to Not compulsory understood that there is a net inflow of Rs.8,000. prepare for all listed Cash Flow Analysis explores the reasons for companies increase or decrease in the amount of cash … Web22 de fev. de 2024 · we prepare the statemant of affairs at the beginning of the year to ascertain the opening capital and at the end of year to ascertain the closing capital … bitset time complexity c++