Find out Profit from the following data :
Rs.
8,00,000
Capital at the beginning of the yea Rs.8,00,000
Drawing during the year
1,80,000
Capital at the end of the year
9,00,000
Capital introduced during the year
50,000
Answers
Answered by
13
Answer:
Profit = closing capital + drawing - additional capital - opening capital
= 900000+180000-50000--800000
= 230000
Similar questions