Accountancy, asked by girlycreatures, 1 month ago

Opening capital = 500000
Additional capital = 100000
Drawing = 200000
Closing capital = 800000
Find profit?

Answers

Answered by puranjey41
2

FORMULA,

PROFIT/LOSS=DRAWING+CLOSING CAPITAL -(OPENING + ADDITIONAL CAPITAL)

PROFIT=200000+800000 - (500000+100000)

=1000000-6000000

400000

•PROFIT=400000

HOPE THIS WILL HELP YOU

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