Jhon started a business on 1st April 20X1 with $ 12,00,000 represented by 60,000 units of $ 20 each. During the financ
Posted: Sun Jun 05, 2022 7:44 pm
Jhon started a business on 1st April 20X1 with $ 12,00,000 represented by 60,000 units of $ 20
each.
During the financial year ending on 31st March, 20X2, he sold the entire stock for $ 30 each.
In order to maintain the capital intact, calculate the maximum amount, which can be withdrawn
by Mohan in the year 20X1-X2 if
Financial Capital is maintained at historical cost.
plz give Answer in Excel.
no need to give working note
give short Answer thank you
each.
During the financial year ending on 31st March, 20X2, he sold the entire stock for $ 30 each.
In order to maintain the capital intact, calculate the maximum amount, which can be withdrawn
by Mohan in the year 20X1-X2 if
Financial Capital is maintained at historical cost.
plz give Answer in Excel.
no need to give working note
give short Answer thank you