Question

Manveer started his business on 1st April, 2019 with a capital of Rs. 4,50,000. On 31st March, 2020 his position was

under:

Cash Rs. 99,000

Bills Receivable Rs. 75,000

Plant and Machinery Rs. 48,000

Land and Building Rs. 1,80,000

Furniture Rs. 50,000

He owed Rs. 45,000 from his friend Susheel on that date. He withdrew Rs. 8,000 p.m. for his household purposes.

Ascertain his profit or loss for this year ended 31st March, 2020.​

Answer 1

Answer:

I THINK SHE THE BOY TOLD I AM A GLITCH WITH VERY I AM