Question

B invested Rs.400000 in the business, on 31st March,2020 his assets were Rs.650000 and liabilities

Rs.70000, he withdrew for personal use Rs.20000 and further invested into business Rs.80000.

Calculate closing capital and profit during the year.​

Answer 1

Explanation:

solution

first up fall

write all the given which are provided in the question

here ,

invest .........4000000

assets ...........650000

liabilities..........70000

withdrew ..........20000

business............80000

profit