Question

F’s capital on January 1 2002 rs 45000 interest on drawings rs 5000, interest on capital rs 2000 drawing rs 14000. Profit for the year rs 1500. His capital as on 31/12/2002 is

Answer 1

Answer:

F’s capital on January 1 2002 rs 45000 interest on drawings rs 5000, interest on capital rs 2000 drawing rs 14000. Profit for the year rs 1500. His capital as on 31/12/2002 is