Question
X has the following assets and liabilities as on 31st March, 2024. Determine his capital: Cash: ₹25,000 Bank: ₹47,500 Debtors: ₹18,000 Creditors: ₹22,000 Plant and Machinery: ₹80,000 Building: ₹2,00,000 Furniture: ₹24,000 Bills Receivable: ₹56,500 Bills Payable: ₹23,500
More Financial Management Questions
- What is the maximum margin money subsidy provided under PMEGP for beneficiaries in rural areas from special categories?
- The price at which issuing company may repurchase the bond before maturity is known as?
- Which of the following pairings is strictly prohibited under the internal compliance governance structure of Regulated Entities (REs) to ensure segregation...
- The Unified Payments Interface (UPI)-like system developed by NPCI International Payments Limited (NIPL) will be implemented in which country following a r...
- According to Union Budget 2023-24, consider the following statements regarding the socioeconomic welfare measures proposed by the government: 1. The payme...
- For Global Financial Centres Index 38 (GFCI 38), the average rating increase for the Asia/Pacific region was 1.27%.
- Rural youth belonging to poor families are identified and trained for Self-employment in RSETIs. What does the “E” stand for in RSETIs?
- When net sales for the year are ₹ 2,50,000 and debtors ₹ 50,000, the average collection period is:
- What is the scope for mandatory onboarding in TReDS for buyers as per the Union Budget 2024-25?
- Which of the following statements correctly explains why abnormal costs are excluded while computing variances under a standard costing system?
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt