Web14 de jan. de 2024 · Opening capital is ascertained by preparing (a) Total debtor’s account (b) Total creditor’s account (c) Cash account (d) Opening statement of affairs Answer Answer: (d) Opening statement of affairs Question 3. Credit purchase, during the year is ascertained by preparing : (a) Total creditor’s account (b) Total debtor’s account … WebHá 8 horas · 14 April, 2024 06:04 pm IST. A-. A+. New Delhi, Apr 14 (PTI) Delhi Police has arrested Devender Singh alias Bunty, a notorious thief who was allegedly involved in around 500 cases of theft across the country and inspired a Bollywood flick, officials said on Friday. Nicknamed “super thief”, 53-year-old Singh was nabbed from Uttar Pradesh in ...
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Web(a) Opening capital and closing capital: Opening capital can be ascertained by preparing the statement of affairs at the beginning of the year and to ascertain the closing capital we can prepare the statement of affairs at the end of the year as follows. Statement of Affairs. as on... C a p i t a l a n d L i a b i l i t i e s A m t. (R s.) A s ... WebOpening capital is ascertained by preparing: If opening capital is Rs.5,000; closing capital - Rs.7,000; drawings - Rs.1,000 and additional capital introduced during the year … sharon jackson facebook page
Single entry system , credit sales are ascertained by preparing
Web* When liabilities are more than assets, capital appears in assets side, as it is balancing figure. @ When the assets’ balance exceeds liabilities’ balance, the balancing figure is denoted by capital in the Liabilities side of the Statement of Affairs. 2. Credit Sales and Credit Purchases: Credit sales are ascertained as the balancing figure of the Total … Web6 de set. de 2024 · Meaning: A statement showing the estimated balances of various assets and liabilities of a business on a particular date is called ‘Statement of Affairs.’ Explanation : Under this system capital of the proprietor is ascertained by preparing statement of affairs. This statement is like a Balance sheet, on left side liabilities are shown and assets and … Web7 de nov. de 2024 · Opening capital is ascertained by preparing: A. Total debtors account B. Total creditors account C. Cash account D. Opening statements of affairs. class-11 accounts-from-incomplete-records Please log in or register to answer this question. 1 Answer 0 votes answered Nov 7, 2024 by RutviPatel (62.1k points) Correct Answer - d sharon jackman charity london