Calculate closing capital from the following details -
(a) Shri Ram commenced business with Rs. 30,000
(b) Paid rent in advance Rs. 1,200
(c) Purchase a typewriter for Rs. 4,200
(d) Bought furniture from M/s Mohan Furnitures on credit for Rs. 1,800
(e) Purchased goods from Sohan for Cash Rs.21,000
(f) Sold to Shyam for cash Rs. 24,000 ( costing Rs. 18,000)
(g) Bought goods from Ramesh for Rs. 18,000
(h) Sold to Shyam costing Rs. 18,000 for Rs. 30,000
(i) Purchased household goods for Rs. 9,000 giving Rs. 3,000 in cash and the balance through a loan
(j) Goods lost by fire (cost Rs. 300, Sale Price Rs 360)
(k) paid half the amount owed to Mohan Furniture
(l) Paid cash Rs. 300 for loan and Rs. 180 for interest
(m) withdrew goods for self use (Sale Rs. 366, Rs. 360)
(n) received Rs. 29,700 from Shyam in full settlement
(o) Paid Rs. 17,820 to Ramesh in full settlement
(p) Paid salary Rs. 300 and Salary outstanding Rs. 60
(q) Charged depreciation of Rs.180 on furniture and Rs. 60 on typewriter
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