09 May 2017
1 Book value of sundry creditors payable in balance sheet is Rs 160000;and adjustment is sundry creditors payable reduce to THE EXTENT OF Rs 100000;so what does it mean? And what is amount of capital reduction.
Expert :
Anonymous
Expert :
Anonymous
(Expert)
09 May 2017
It means that creditors will be reduced by 60000(to the 100000)
Capital reduction is 60000/-