Question

On 31st March, 2012, the total assets and
external liabilities were Rs 2,00,000 and Rs 6,000
respectively. During the year, the proprietor had
introduced additional capital of Rs 20,000 and
had withdrawn Rs 12,000 for personal use. He
made a profit of Rs 20,000 during the year.
Calculate the capital as on 1 st April, 2013​

Answer 1

Explanation:

respectively. During the year, the proprietor had

introduced additional capital of Rs 20,000 and

had withdrawn Rs 12,000 for personal use. He

made a profit of Rs 20,000 during the year.

Calculate the capital as on 1 st April, 2013

please mark me

respectively. During the year, the proprietor had

introduced additional capital of Rs 20,000 and

had withdrawn Rs 12,000 for personal use. He

made a profit of Rs 20,000 during the year.

Calculate the capital as on 1 st April, 2013 please