Q2804
Following data appear in the books of XY & Co. as on 31st March 2003 Capital account = Rs. 13,00,000 Drawings account = Rs. 12,000 Land & building account = Rs. 10,00,000 Goodwill account = Rs. 3,50,000 Suspense account (Dr) = Rs. 50,000 Loss by theft account = Rs. 20,000 Business loss = Rs. 50,000 Loan given to AB & Co = Rs. 60,000 What will be the amount of sundry creditors?
A.
Rs. 2,30,000
B.
Rs. 1,72,000
C.
Rs. 3,42,000
D.
Rs. 2,42,000
AnswerAnswer: Option D
Solution
Answer: Option D
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