Question

1 point
On 31st March 2019, the total
assets and external liabilities
were 2,00,000 and 23,000
respectively. During the year
the proprietor introduced
additional capital of 65,000
and had withdrawn 16,000 for
personal use. He made a profit
of 40,000 during the year,
Calculate the capital as on 1st
April, 2018​

Answer 1

Answer:

on 31st March 2018 the total Assets and external liabilities worth Rs 200000 and RS 6,000 respectively during the year the proprietor had introduced capital of Rs 20,000 and withdraw rupees 12000 for personal use he made a profit of rupees 20000 during the year calculator capital on 1st April 2017

Explanation:

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