हिंदी
तमिलनाडु बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य कक्षा १२

What is the amount of capital of the proprietor, if his assets are ₹ 85,000 and liabilities are ₹ 21,000? - Accountancy

Advertisements
Advertisements

प्रश्न

What is the amount of capital of the proprietor, if his assets are ₹ 85,000 and liabilities are ₹ 21,000?

विकल्प

  • ₹ 85,000

  • ₹ 1,06,000

  • ₹ 21,000

  • ₹ 64,000

MCQ

उत्तर

₹ 64,000

shaalaa.com
Ascertaining Profit Or Loss from Incomplete Records Through Statement of Affairs
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Accounts from incomplete records - Multiple choice questions [पृष्ठ ३१]

APPEARS IN

सामाचीर कलवी Accountancy [English] Class 12 TN Board
अध्याय 1 Accounts from incomplete records
Multiple choice questions | Q I 8. | पृष्ठ ३१

संबंधित प्रश्न

Opening statement of affairs is usually prepared to find out the ___________.


The amount of credit sales can be computed from _____________.


State the accounts generally maintained by small sized sole trader when a double-entry accounting system is not followed.


Differentiate between statement of affairs and balance sheet.


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 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

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Goods withdrawn for personal use by the owner 30,000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

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 ?

On 1st April 2018 Subha started her business with a capital of ₹ 1,20,000. She did not maintain a proper book of accounts. Following particulars are available from her books as on 31.3.2019.

Particulars Particulars
Bank overdraft 50,000 Stock-in-trade 1,60,000
Debtors 1,80,000 Creditors 90,000
Bills receivable 70,000 Bills payable 2,40,000
Computer 30,000 Cash in hand 60,000
Machinery 3,00,000    

During the year she withdrew ₹ 30,000 for her personal use. She introduced further capital of ₹ 40,000 during the year. Calculate her profit or loss.


Raju does not keep proper books of accounts. Following details are taken from his records.

Particulars 1.1.2018
31.12.2018
Cash at bank 80,000 90,000
Stock of goods 1,80,000 1,40,000
Debtors 90,000 2,00,000
Sundry creditors 1,30,000 1,95,000
Bank Loan 60,000 60,000
Bills payable 80,000 45,000
Plant and machinery 1,70,000 1,70,000

During the year he introduced further capital of ₹ 50,000 and withdrew ₹ 2,500 per month from the business for his personal use. Prepare the statement of profit or loss with the above information.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×