Question

Smite started a business on 1 January, 2016 with capital Rs. 2,20,000 out of which 50,000 she has took from
her friend. She withdraws 10,000 from business for personal use. On 31" December, 2016, her total assets
amounted to Rs. 4,30,000 and liabilities to Rs. 1,17,000. Find out the amount, by which her capital has
increased as on 31 December, 2016.

plzzz answer it immediately....plz plz​

Answer 1

Answer:

asset-liability= capital

4,30,000-1,17,000= 313,000