The financial position of Kalika and Sons on Baisakh 1 st 2079 is as below: Cash in hand 100,000 Creditors 150,000 Furniture 200,000 Accruals 50,000…
2023 · Solved Question with Answer
The financial position of Kalika and Sons on Baisakh 1st 2079 is as below:
| Cash in hand | 100,000 | Creditors | 150,000 |
| Furniture | 200,000 | Accruals | 50,000 |
| Debtors | 100,000 | Bills payable | 80,000 |
| Stock of goods | 70,000 |
Required: Opening entry