Question

Calculate the capital introduced by X (Proprieter) as on 1 April, 2012, of the following figures are provided.
(a) Profit during the year-1,50,000
(b) Drawings made during the year-3,60,000
(c)Capital introduced on 31 May, 2012-1,00,000
(d)Total assets on 31st March,2013 were-6,60,000
(e)Creditors on 31 March 2013 were-1,20,000​

Answer 1

Answer:

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