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From the following details, calculate the capital as on 31st December 2018. Particulars ₹ Capital as on 1st January, 2018 1,00,000 Goods withdrawn for personal use by the owner 30,000 - Accountancy

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प्रश्न

From the following details, calculate the capital as on 31st December 2018.

Particulars
Capital as on 1st January, 2018 1,00,000
Goods withdrawn for personal use by the owner 30,000
Additional capital introduced during the year 15,000
Profit for the year 60,000
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उत्तर

Statement of Profit or Loss

Particulars
Closing capital 1,45,000
(+) Drawings 30,000
  1,75,000
(−) Additional capital 15,000
Adjusted capital 1,60,000
(−) Opening capital 1,00,000
Profit 60,000
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पाठ 1: Accounts from incomplete records - Exercises [पृष्ठ ३२]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 1 Accounts from incomplete records
Exercises | Q IV 4. | पृष्ठ ३२
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