Utsav commenced business on 1st April, 2019 with a capital of Rs.5,00,000 and creditors of Rs.1,00,000. He introduced fresh capital of Rs.40,000 and had withdrawn Rs.10,000 for personal purpose. On 31st March 2020 his assets were Rs.8,00,000 Calculate his profit or loss
1 point
Loss Rs.1,70,000
Profit Rs.1,50,000
Loss Rs.1,50,000
Profit Rs.1,70,000
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Answered by
1
Answer:
Profit Rs.1,50,000....
Answered by
0
Answer:
1,70,000 is the correct answer of this question.
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