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Problem No. 1 Radhika keeps her books under Single entry system. Her Assets & Liabilities were as follows. Particulars 1 st April, 2015 31 st March, 2016 Cash in hand Bills Payable Sundry Creditors Plant & Machinery Sundry Debtors Stock 10,000 -- 1,50,000 6,00,000 3,90,000 3,40,000 11,000 50,000 1,49,000 8,00,000 4,50,000 3,20,000 During the year 2015-16 she brought additional capital 10,000 & withdrew 10,000 per month for household expernses. ...
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