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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
उत्तर
₹ 64,000
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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Goods withdrawn for personal use by the owner | 30,000 |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.