(a) A had a capital of ₹ 75,000 on 1st April, 2017. He had also goods amounting to ₹ 15,000 which he had purchased on credit and the payment had not been made. Find out the value of the total assets of the business.(b ) After a period of one month , he came to know that he had suffered a loss of ₹ 1,700. He withdrew ₹ 800 for his personal use . Find out his capital and assets of the business.

(a) A had a capital of ₹ 75,000 on 1st April, 2017. He had also good

1.	(a) A had a capital of ₹ 75,000 on 1st April, 2017. He had also goods amounting to ₹ 15,000 which he had purchased on credit and the payment had not been made. Find out the value of the total assets of the business.(b ) After a period of one month , he came to know that he had suffered a loss of ₹ 1,700. He withdrew ₹ 800 for his personal use . Find out his capital and assets of the business.
Answer» (a) A had a capital of ₹ 75,000 on 1st April, 2017. He had also goods amounting to ₹ 15,000 which he had purchased on credit and the payment had not been made. Find out the value of the total assets of the business. (b ) After a period of one month , he came to know that he had suffered a loss of ₹ 1,700. He withdrew ₹ 800 for his personal use . Find out his capital and assets of the business.