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From the following particulars ascertain profit or loss. Particulars ₹ Capital as on 1st January 2018 2,20,000 Capital as on 31st December 2018 1,80,000 - Accountancy

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प्रश्न

From the following particulars ascertain profit or loss.

Particulars
Capital as on 1st January 2018 2,20,000
Capital as on 31st December 2018 1,80,000
Additional capital introduced during the year 40,000
Drawings made during the year 50,000
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उत्तर

Statement of Profit or Loss

Particulars
Closing capital 1,80,000
(+) Drawings 50,000
  2,30,000
(−) Additional capital 40,000
Adjusted capital 1,90,000
(−) Opening capital 2,20,000
Loss 30,000
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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 2. | पृष्ठ ३२
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