Accountancy, asked by geetadevigarg, 7 months ago

'A' commenced his cloth business on 1st April, 2019 with a capital of
3,00,000. On 31st March, 2020 his assets were worth 5,00,000 and liabilities
1,00,000. Find out his closing capital and profits earned during the year.

Answers

Answered by 294753618

2

Answer:

i think it is 3 lakhs or 2 lakhs

Explanation:

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