Question

Mr.Sohan commenced a business on 1st April 2014 with cash Rs.15,000 ,
goods
Rs. 10,000 and a loan of 12,500 borrowed from Mr. Mohan. During 2014-15, he
introduced an addition capital of Rs.12,500, and withdrawn Rs. 7,500 for personal
use. On 31st March 2015, his assets were Rs. 75,000. Find out his capital as on 31st
March 2015 and also profit made or loss incurred during the ye

Answer 1

Answer:

cash ac dr

to capital ac