Accountancy, asked by saarangdev5, 6 months ago

22. Ram started business on 1st April, 2019 with a capital of 25000 and a loan of 12500.On 31st March, 2020 his

assets were 50000.Find his capital as on 31st March 2020, and the profit earned during the year

Answers

Answered by sk3sks

1

Answer:

Explanation:

assets=liab+capital+pft-loss

50000=12500+25000+pft

50000-37500=12500-pft

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