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From the following details, calculate the missing figure: Particulars ₹ Capital as on 1st April, 2018 40,000 Capital as on 31st March, 2019 50,000 Additional - Accountancy

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प्रश्न

From the following details, calculate the missing figure:

Particulars
Capital as on 1st April, 2018 40,000
Capital as on 31st March, 2019 50,000
Additional capital introduced during the year 7,000
Profit for the year 8,000
Drawings during the year ?
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उत्तर

Statement of Profit or Loss

Particulars
Closing capital 50,000
(+) Drawings 5,000
  55,000
(−) Additional capital 7,000
Adjusted capital 48,000
(−) Opening capital 40,000
Profit 8,000
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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 5. | पृष्ठ ३२
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