WebOpening capital is ascertained by preparing : (a) Total debtors account (b) Total creditors account (c) Cash account (d) Opening statement of affairs Answer (d) Opening … 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 …

Opening capital is ascertained by preparing - SaralStudy

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 … 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. small oblong tablecloth

opening stock can be ascertained by preparing - Brainly.in

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 … WebWe prepare the Statement of Affairs at the beginning of the year to ascertain the opening capital and at the end of the year to ascertain the closing capital. However, the items of assets and liabilities are ascertained from vouchers, physical count and other relevant documents. Upvote 6 Reply ShareReportShare small oblong washing up bowl