Question

Prepare proprietor 's capital a/c. Business started -40000.goods taken for personal use -3000. Net loss as per profit and loss account -3600.drawings during the period -3000

Answer 1

《》》》》》》》》》》《》》《《《《《》《this is your answer

Answer 2

Debit side:

To Drawings Rs: 3,000/-

To goods taken for person use: 3,000/-

To Net Loss as per P&L : Rs.3600/-

Credit side

By Bank or cash: 40,000

By Closing Balance: 40,400