Question

Estimate the amount of Net Profit earned by a businessman at the end of the year if his Opening Capital – Rs.16,000; Additional investment by the proprietor during the year – Nil; Drawings -Rs.3,000; Capital at the end of the year – Rs.13,500. What will be the investment by the proprietor, if the Net Loss for the year amounts to Rs.1,000

Answer 1

Answer:

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Explanation:

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