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प्रश्न
From the following details, calculate the missing figure.
Particulars | ₹ |
Closing capital as on 31.3.2018 | 80,000 |
Additional capital introduced during the year | 30,000 |
Drawings during the year | 15,000 |
Opening capital on 01.4.2017 | ? |
Loss for the year ending 31.3.2018 | 25,000 |
उत्तर
Statement of Profit or Loss
Particulars | ₹ |
Closing capital | 80,000 |
(+) Drawings | 15,000 |
95,000 | |
(−) Additional capital | 30,000 |
Adjusted capital | 65,000 |
(−) Opening capital | 90,000 |
Loss | 25,000 |
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संबंधित प्रश्न
The amount of credit sales can be computed from _____________.
What is the amount of capital of the proprietor, if his assets are ₹ 85,000 and liabilities are ₹ 21,000?
When capital in the beginning is ₹ 10,000, drawings during the year is ₹ 6,000, profit made during the year is ₹ 2,000 and the additional capital introduced is ₹ 3,000, find out the amount of capital at the end.
State the accounts generally maintained by small sized sole trader when a double-entry accounting system is not followed.
What is a statement of affairs?
State the procedure for calculating profit or loss through the statement of affairs.
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 |
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 | ? |
Following are the balances in the books of Thomas as on 31st March 2019.
Particulars | ₹ | Particulars | ₹ |
Sundry creditors | 6,00,000 | Bills payable | 1,20,000 |
Furniture | 80,000 | Cash in hand | 20,000 |
Land and building | 3,00,000 | Bills receivable | 60,000 |
Sundry Debtors | 3,20,000 | Stock | 2,20,000 |
Prepare a statement of affairs as on 31st March 2019 and calculate capital as at that date.
What is the amount of capital of the proprietor, if his assets are ₹ 85,000 and liabilities are ₹ 21,000?