Accountancy, asked by graphicsbyadi, 1 month ago

Mahendra shared a business on 1st April 2020 with a capital of Rs. 1,25,000 & borrowed a loan from SBI Rs. 25,000. During 2020-21, he had introduced additional capital of Rs. 25,000 & had withdrawn Rs. 17,500 for personal use. On 31 March, 2021, his assets were Rs. 1, 75,000. Find out his capital as on 31st March, 2021 & profit made or loss incurred during the year 2020-21.​

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Answered by anish391531
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Answer:

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