Question

31. On April 1, 2019 A business start
with Capital Rs.2.00,000 and loan of
Rs.75,000 from bank.During the year
additional capital introduced of Rs.
60.000 and withdrawn Rs. 36,000 by
propritor for personal use.on 31st
March, 2020 total assets of business
were Rs. 3,80,000. Find out his
Capital as on 31st March, 2020 and
profit/Loss earned during the year
2019-20.​

Answer 1

Answer:

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