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From the following particulars ascertain profit or loss: Particulars ₹ Capital at the beginning of the year (1st April, 2018) 5,00,000 Capital at the end of the year (31st March, 2019) 8,50,000 - Accountancy

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प्रश्न

From the following particulars ascertain profit or loss:

Particulars
Capital at the beginning of the year (1st April, 2018) 5,00,000
Capital at the end of the year (31st March, 2019) 8,50,000
Additional capital introduced during the year 1,20,000
Drawings during the year 70,000
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उत्तर

Statement of Profit or Loss

Particulars
Closing capital 8,50,000
(+) Drawings 70,000
  9,20,000
(−) Additional capital 1,20,000
Adjusted capital 8,00,000
(−) Opening capital 5,00,000
Profit 3,00,000
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पाठ 1: Accounts from incomplete records - Exercises [पृष्ठ ३१]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 1 Accounts from incomplete records
Exercises | Q IV 1. | पृष्ठ ३१
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