This question is of accountancy please solve the 31st in order of permanence one
Dear Student,
Balance sheet in the order of permanence :-
Regards!
Balance sheet in the order of permanence :-
| Liabilities | Amount | Assets | Amount |
| Capital account (250000-20000+23000) | 253,000 | Plant & Machinery | 57,000 |
| Bills Payable | 40,000 | land & Building | 1,00,000 |
| Sundry creditors | 70000 | Furniture & Fixtures | 15,000 |
| Closing stock | 1,00,000 | ||
| Debtors | 15,000 | ||
| Bills receivable | 20,000 | ||
| Cash in Bank | 40,000 | ||
| Cash in hand | 16,000 | ||
| 363,000 | 363000 |
Regards!