Question

From the following details, calculate the missing figure .

Capital as on 1.4.2018 Rs.20,000, Capital as on 31.3.2019 Rs. 25,000, additional capital

introduced during the year Rs.3,500, profit for the year Rs.4,000, drawings during the

year with tabulation​

Answer 1

Capital as on 31.3.2019 Rs. 25,000

- additional capital Rs.(3,500)

= 21500

profit for the year Rs.4,000

=17500

- Capital as on 1.4.2018 Rs.(20,000)

drawings =(-2500)