The capital of a business is ascertained by preparing

Credit sales is obtained from:

_________ capital can be found by preparing a statement of affairs at the beginning of the year.

Incomplete, records are those records which are not kept under

Incomplete records are generally used by

A firm has assets worth Rs. 60,000 and capital Rs.45,000. Then its liabilities is

The amount received from debtors can be traced from

Credit Sales is obtained from

Credit purchase can be ascertained as the balancing figure in the

Discount received from accounts payable may be obtained from