Question

Smriti started business on 1st January 2018 with capital ₹ 220000. on 31st December 2018 her total assets amounted to ₹ 430000 and liabilities to ₹ 117000. find out the amount by which her capital has increased as on 31st December 2018.

93000

337000

210000

103000

​

Answer 1

Explanation:

Asset = capital + liability

4,30,000= 2,20,000+1,17,000

4,30,000- 3,37,000

Difference is 93000