Question

From the following particulars, prepare proprietor's Capital A/c :
2002
Oct. 1 Commenced business with Cash
Nov. 30 Goods taken for personal use
Dec. 31 Net loss as per P&L A/C
3,600
Dec. 31 Drawings during the period
3,000
[Ans : Balance in Capital A/c Rs. 30,400]
prepare ledger of capital account
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Answer 1

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Explanation:

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