Question

plzz solve this question....

Answer 1

answer 6

Closing Capital = Opening Capital + Profit - Drawings.

Opening capital= 1,00,000

Since in the question profit and Drawings are given for previous years i.e year ending 31-03-14, it has been assumed that profit and drawings for year ending 31-03-16are nil.
Therefore 
Closing Capital on 31-03-16 = 1,00,000 + 0 - 0 = 1,00,000/-

answer 7.

Closing Capital = Total Assets - External Liabilities
= 4,00,000 - 10,000 = Rs 3,90,000

Opening Capital = Closing Capital - Additional Capital + Drawings - Profit 
= 3,90,000 - 40,000 + 12,000 - 60,000 = Rs 3,02,000

Answer 2

Q7)closing capital = asset - laiblities 
                             =400000-10000
                              =390000

opening capital = closing capital +drawings - addtional capital - profit 
                         =390000+12000-40000-60000
                          =302000

hope its useful ...!!!!